Berlin — In addition to its existing investor Flash Ventures, everstox has gained two further renowned backers for the expansion of its digital logistics platform. The fresh capital comes from Global Founders Capital (GFC) and Capnamic Ventures. The company says it plans to use the successfully completed growth financing to further grow its team, develop its tech platform and expand its network of independent warehouse logistics providers. SMP advised Munich-based tech startup everstox on its growth financing.
“The global logistics market is becoming increasingly complex and often inefficient as a result. With its self-developed cloud technology, including the associated smart features, everstox is setting a new standard for future-proof and sustainable logistics. We are very pleased to have been able to accompany everstox as advisors during the entry of further investors,” says Frederik Gärtner.
About everstox
The successful Munich-based start-up everstox is the developer and operator of the technology platform of the same name, which offers scalable and data-driven warehouse logistics and fulfillment for e‑commerce, B2B and retail through a network of European logistics service providers. The company is successively building the first technology-driven and independent network of renowned warehouse logistics and fulfillment partners, enabling transparent, efficient and ecologically valuable logistics solutions across Europe. With everstox’s team of experts, retailers benefit from optimized processes, in-depth market knowledge and strategic consulting. For dealers, this means a clear competitive advantage in sales. The company is managed by its three founders Boris Bösch, Felix Haberland and Johannes Tress. For more information about everstox and the Logistics-as-a-Service solution, visit www.everstox.com.
About Capnamic Ventures
Capnamic Ventures, based in Cologne and Berlin, is one of Europe’s leading early-stage venture capital investors. The VC’s investment focus is on technology startups with B2B business models in German-speaking countries. In addition, Capnamic invests with international co-investors. All portfolio companies are supported by Capnamic’s global industry and expert network and the team’s extensive expertise. The Capnamic team consists of experienced investment professionals who can look back on more than 80 investments, numerous trade sales and IPOs as well as their own entrepreneurial experience. They work side by side with the portfolio companies to lay the foundation for their strong market position and lasting success. Capnamic is led by Jörg Binnenbrücker, Olaf Jacobi and Christian Siegele as Managing Partners. www.capnamic.com
About Global Founders Capital
Entrepreneurs create incredible opportunities — we are their biggest supporters because we have built and support multi-billion dollar technology companies at all stages of growth. Over the past two decades, we have made over 500 investments worldwide. Facebook, LinkedIn, Slack, Eventbrite, Canva, Away Travel, HomeAway, Zalando, Revolut, Funding Circle, Lazada, Traveloka, Trivago, Jumia, HelloFresh and Delivery Hero are some of our portfolio companies. Global Founders Capital invests around the world. www.globalfounderscapital.com
About Flash Ventures
Flash Ventures is a pre-seed fund in Berlin and London that provides initial funding to young companies to help them realize their growth ambitions. The portfolio includes investments in Germany, Spain, Australia, Singapore and Indonesia. For more information about Flash Ventures, visit www.fl4sh.vc.
About SMP
SMP is a specialist tax and commercial law firm operating in the core areas of corporate, funds, litigation, tax and transactions. SMP attorneys and tax advisors represent a wide variety of clients. These include emerging technology companies and family-run medium-sized enterprises as well as corporations and private equity/venture capital funds. Since its foundation in 2017, SMP has become one of the leading addresses for venture capital, private equity and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus, and Chambers and Partners. Today, SMP employs over 50 experienced lawyers and tax advisors in three offices in Berlin, Hamburg and Cologne. www.smp.law
Consultant everstox: SMP
Dr. Frederik Gärtner (Corporate), Associated Partner
Dr. Benjamin Ullrich (Corporate), Partner
Pia Meven (Corporate), Associate