Get the latest tech news
Europe’s Relay pulls in $35M Series A after applying Asia’s model to delivery
Being somewhat later than Europe in adopting the idea of parcel delivery, much of Asia built its delivery infrastructure around e-commerce, effectively
Founded by CEO Jonathan Jenssen and COO Nicole Mazza, who both previously worked at last-mile delivery company Stuart, Relay is now clearly entering its AI-driven scale-up phase. To scale further, Relay has now raised a $35 million Series A round led by London-based VC, Plural — a fund started, in part, by the founders of fintech giant Wise. In a statement: Taavet Hinrikus, Partner at Plural, said of why he’s so enthusiastic about the company: “Jonathan and Nicole are the perfect pair to do this, having lived and breathed the last-mile delivery revolution for almost a decade.
Or read this on TechCrunch