French fulfillment firm raises cash for Euro expansion
The €35M will be used by Cubyn to launch a 25,000 m2 facility in France and expand across Europe.
Marketplaces such as Back Market, Rakuten, Mirakl, Fnac are using Cubyn’s solution and e-commerce players like Fittrack and Chef Club have recently joined.
Cubyn will use its new funding to double its team of 85 to 170+ employees by the end of 2021, and deploy its service internationally, starting with Spain and Portugal launching in April 2021 followed by Italy, UK and Germany. The company will also open a 25,000 sq m automated facility in the Paris area in the coming months, to increase its automation capabilities and continue to drive costs and delivery times down.
