Czech Startup Secures Major US Investment

Published: 14.12.2020 Related countries:  U.S.A. U.S.A.

Czech Startup Secures Major US Investment

ShipMonk, a leading player in ecommerce fulfillment and logistics-technology, announced a $290 million growth equity round. The funding was led by Summit Partners, a global growth investor. This deal represents a minority stake in the business and will help fuel continued investment in R&D and more automation technologies, hiring, the development of B2B fulfillment capabilities and international expansion, the company said. Summit Partners. ShipMonk was founded by Jan Bednar, a Czech entrepreneur living in the US.

Source: https://www.e15.cz/byznys/doprava-a-logistika/miliardova-raketa-shipmonku-startup-ceskeho-podnikatele-bednare-ziskal-vyjimecnou-investici-1375883

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