Stockholm-based Budbee is a logtech startup that focuses on sustainability, maximising customer satisfaction and efficiency of ‘the last mile’ delivery. The company recently secured an investment that will be used for its global expansion, investment in its services and fuel its other plans.
Eyes international expansion
Budbee announced that it secured €52M funding in a round led by AMF, one of Sweden’s leading pension companies and one of the largest owners on Nasdaq Stockholm. Notably, by investing €24M in this funding round, AMF becomes one of the three largest shareholders of Budbee.