PMV invests in Bubble Post
PMV has taken part in a €950,000 funding round for Belgian inner-city logistics firm Bubble Post.
The company will use the fresh capital to expand its offering into new cities, and intends to offer its services in Dutch and Wallonian cities next year.
PMV has invested alongside Bubble Post's founders and management, as well as Auldmore, the investment vehicle of Belgian mailing company Omnilevel CEO Maarten Makelberge.
According to Belgian business daily De Tijd, PMV now holds a stake of around 30% in the business, while Auldmore owns 11% and the founders retain the majority of shares.
Company
Founded in 2012 and headquartered in Ghent, Bubble Post is a provider of inner-city delivery services for the retail, transport and e-commerce industries.
The company uses small, eco-friendly vehicles to reduce CO2 emissions. It employs 30 staff.
People
Ben Rieder is the CEO of Bubble Post.
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