14 Mar 2024 --- Packfleet, a UK-based tech-enabled “carbon-neutral” parcel courier, has raised US$10 million in series A funding. The funds will bolster Packfleet’s presence in the London delivery market, where the company achieved five times growth throughout 2023. The financing will support the expansion of the start-ups’ increasing merchants roster and the development of Pathfinder, the proprietary routing software that has been instrumental in the company’s success. The round was co-led by General Catalyst, an early Packfleet investor and Voyager Ventures, a leading early-stage climate fund. All of Packfleet’s existing investors participated in the funding round, including Creandum, Entree Capital and Founder Collective.
