6 years ago
Weengs Secures £6.5 Million Series A to Revolutionize E-commerce Logistics
UK-based smart logistics startup Weengs has raised £6.5 million in a Series A funding round led by Oxford Capital, with participation from existing investors Local Globe, Cherry Ventures, and Venture Friends
The company plans to use the funding to enhance its automation and technology capabilities, expand its geographical reach beyond London to the rest of the UK, and develop a data integration solution for retailers to optimize their fulfillment needs.
ProblemTechnology
"Ecommerce businesses struggle to get online orders to their customers reliably and efficiently, which holds back their growth."
Solution
"Weengs provides a seamless logistics service that automates and optimizes order fulfillment, allowing ecommerce businesses to scale their operations and increase customer confidence."