
NordicNinja leads €2.2m seed round for Ziticity
NordicNinja has led a €2.2m seed funding round for Lithuanian logistics company Ziticity.
The round also saw participation from Superhero Capital, Practica Capital, Superangel, Startup Wise Guys and investor Maksim Golivkin.
The fresh capital will be used to support geographical growth, as well as fund further product development.
Previous funding
In July 2019, Ziticity raised €315,000 in a pre-seed round led by Estonia-based early-stage fund Superangel, with participation from Practica Capital, Startup Wise Guys and angel investor Mikko Silventola.
Company
Founded in 2017 and headquartered in Vilnius, Ziticity is a logistics company offering a platform that connects e-commerce stores with workers trained for package delivery. The company claims it has been growing 22% month over month ever since the launch with a 44% revenue increase during Covid-19.
People
NordicNinja – Tomosaku Sohara (managing partner).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater