DB Schenker has announced an investment in Warehousing1, a Berlin-based e-commerce fulfilment platform provider. Schenker Ventures, the global logistics service provider’s holistic venturing section, has raised its first venture capital investment.
Schenker Ventures has joined Warehousing1’s Series A investment, along with other top-tier venture capital companies with a track record of expanding e-commerce and LogTech enterprises.
Patric Hoffmann, Head of Schenker Ventures, “We want to nurture innovation in the logistics industry. Post-pandemic online shopping behavior is here to stay. Consumer brands around the globe have adapted their sales channels to the new market situation. The result is a multitude of new and diverse online shopping opportunities. Warehousing1 taps into that trend. We look forward to working together with the great team of Warehousing1. It will be a mutual learning opportunity.”
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