DoDo Group, which focuses on B2B last-mile logistics, has raised its largest
investment to date of CZK 1.5bn in a Series B investment round. The faster
expansion abroad will help the growing firm raise funds from investors led by
Daniel Křetínský's EC Investments and J&T Capital Partners founder Patrik
Tkáč, who will raise their minority stake in the logistics firm. A significant
majority remains with V-Sharp of entrepreneur Michal Menšík. With the acquired funds,
the company wants to strengthen its presence in the business-critical DACH
region, expand into southern Europe, and further strengthen its position in
last-mile logistics in markets where it is already established. The funds will
also help further develop DoDo's own data-driven logistics platform. The target
for 2022 is to double turnover to CZK 2bn.
Source: Daily
news | ČIA news
Czech Trade and Czech Invest Sydney