Warehousing1 receives more than ten million euros

The logistics start-up is Schenker Ventures' first investment. The rail subsidiary's investment vehicle was launched last year.

Warehousing1 has completed a Series A financing round amounting to more than ten million euros. The existing investors HV Capital and Base10 Partners added another round. The Berlin-based logistics start-up also secured three new investors for the new funding round, including Aster Capital, Wille Finance and Schenker Ventures. The investment arm of DB Schenker, founded in 2021, will also support Warehousing1 with expertise in its strategic direction.

Nico Szeli, Nils Aschmann and Fabian Sedlmayr founded Warehousing1 in Berlin in 2018. The start-up offers a digital platform on which corporate customers can book and manage fulfillment and warehouse logistics. Warehousing1 has built up a network of over 850 locations in Europe and the USA for this purpose. The start-up's customers include companies such as Lidl, Barilla and Samsung.

Warehousing1 intends to use the money from the financing round to hire more employees and invest in its technology and product. The new Head of Technology and Product Leandro Loiacono will help with the further development of the product portfolio. The start-up also plans to more than triple its turnover by the end of this year. According to its own figures, the company is already generating an eight-figure turnover.