Press

On July 1, 2023, Radial, a leading provider of e-commerce and omnichannel fulfillment solutions and part of bpostgroup, and byrd, a technology-enabled logistics platform, began a strategic collaboration to improve logistics services.

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Founded in 2016, the company is expanding rapidly, adding a new logistics location to its network every month. By the end of the year, 10 logistics centers will be part of the byrd network, giving online retailers access to an international fulfillment platform that can keep up with e-commerce giants. The startup does not operate its own logistics sites, but relies on cooperation with experienced fulfillment partners.

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Severe sales losses due to the Corona-related closures are putting retailers in an extremely difficult situation. Numerous initiatives have already been launched both nationally and regionally to support retailers. Among other things, with the aim of digitizing stores. But while an online store can be set up quickly these days, logistics remain a major challenge for many retailers. byrd has now increased capacity to offer affected retailers quick solutions.

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At the beginning of the year, the company received a seed investment that was used for further development into a fulfillment platform and will now support European expansion. With byrd's software, online retailers gain access to a professional e-commerce fulfillment network that includes multiple locations in Germany and Austria as well as countless shipping partners.

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This partnership provides byrd with access to industry-leading logistics data that standardizes logistics events across every carrier in use and, and is available in 36 of the world’s most common languages. With better data quality, byrd and its e-commerce merchants can zoom in on granular details to identify existing and potential logistics bottlenecks as they can seamlessly access real-time data for all their orders via byrd's cloud-based fulfillment software. This allows all parties to monitor deliveries and access tracking information instantly within a single software solution.

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Austrian e-commerce fulfillment tech startup byrd has closed a €50 million Series C round, bringing the total raised in the last 10 months to €70 million. The round was led by industry specialist Cambridge Capital, with participation from Speedinvest, Mouro Capital, Elevator Ventures, KK Incube and other existing investors. The new funding will be used to further pursue byrd's mission of enabling e-commerce merchants to deliver next-day parcels to customers across Europe using its decentralized warehouse network.

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byrd, die technologiegetriebene digitale Logistik- und Fulfillment-Plattform, hat eine Serie-B-Finanzierungsrunde in Höhe von 16 Millionen Euro abgeschlossen. Die Runde wurde vom neuen Investor Mouro Capital, Santanders unabhängigem VC-Fonds angeführt. Auch die bestehenden Investoren Speedinvest, Verve Ventures, Rider Global und VentureFriends haben sich an der Runde beteiligt. Dieses jüngste Investment folgt auf die Serie-A-Runde von byrd in Höhe von 5 Millionen Euro im Juli 2020, womit sich die Gesamtsumme der Investments auf insgesamt 26 Millionen Euro erhöht.

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The logistics scale-up raised more than €50 million in its Series C funding round just last year and is now launching an alternative logistics solution for Amazon Prime sellers. The Seller Fulfilled Prime (SFP) program allows merchants to sell their products on the Amazon marketplace with the "Prime badge" while outsourcing their fulfillment to independent logistics companies, thus having significantly more influence on the customer experience and not being subject to Amazon's restrictions.

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The Viennese logistics startup is benefiting from the flourishing online trade and continues to specialize in the area of e-commerce fulfillment. To this end, the company has worked with the Liechtenecker design agency to revamp its customer dashboard and incorporate new functions. The tool was developed with a focus on user-friendliness, with the goal of finally bringing fun back into the dusty logistics industry.

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As online marketplaces are projected to account for 45% to 50% of online spending by 2025, we believe that it is incredibly important to help merchants to streamline their e-commerce operations. This is why today we’re announcing our integration with one of the leading marketplace software specialists Mirakl. The SaaS solution empowers merchants to get access to more than 350 marketplaces worldwide. Moreover, we’re proud to say that Leroy Merlin (Adeo Group) in Italy, is the first Mirakl-powered marketplace that is naming byrd as preferred fulfillment partner for their marketplace sellers.

Vienna-based e-commerce fulfillment platform byrd has closed a €5 million Series A funding round to scale the service internationally. The investment round was led by Rider Global, a venture fund focused on logistics, e-commerce and mobility. Also participating in the round is European VC VentureFriends, with a strong entrepreneurial background in e-commerce and online marketplaces, FJ Labs, a U.S.-based early stage venture firm focused on online marketplaces, and existing investors who also participated in the round. Since its founding in 2016, byrd has received a total of more than €9 million from business angels and VCs, including Speedinvest, Reflex Capital, Hermann Hauser and KK Incube, as well as public funding.

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