Apr 30, 2022

, the Berlin-based logistics startup for efficient e-commerce fulfilment, has secured more than 10 million euros in funding following its series A financing round. The startup, founded in 2018, adds three new investors: Schenker Ventures from Essen, Germany, Aster Capital from Paris and Wille Finance from Zurich. In addition, existing investors HV Capital from Munich and Base10 Partners from San Francisco are further increasing their investment. Warehousing1 offers fast-growing e-commerce brands end-to-end fulfilment services through its extensive partner network with locations in Germany, Europe and the US. Warehousing1 wants to double its headcount to more than 100 people to support its ambitious growth targets. By the end of 2022, the startup aims to more than triple its eight-figure revenue. With the new capital, the company intends to invest heavily in its technology and product to further drive its medium-term goal of building a largely SaaS-based business model and becoming a market leader in offering best-in-class digitally managed fulfilment solutions to e-commerce companies. Strong investors support the company’s development Since our founding, we have wanted to work with investors who support our development with their expertise, instead of just handing us money. With Aster Capital, Wille Finance and Schenker Ventures as strategic investors, we have gained exactly such partners. Warehousing1 is already creating real added value for hundreds of active customers in the booming e-commerce segment. In the future, we want to digitalize the fulfilment experience for many more brands and thus help them satisfy their customers with first-class logistics processes in the long term. explains Nils Aschmann, co-founder and CEO of Warehousing1. Warehousing1 founders Warehousing1 is the first venture capital investment for Schenker Ventures, the investment arm launched by DB Schenker, a leading global logistics service provider, in 2021. As an active investor – and with the parent company’s strong network – Schenker Ventures will support the development of the startup with its expertise. We want to increase the innovative strength of the logistics industry as a whole. Therefore, our venture capital activities focus on startups that we can support not only financially but also with know-how and network. The Warehousing1 team has more than convinced us and we are very much looking forward to working together.