Oxford leads £6.5m round for Weengs
Oxford Capital has led a ТЃ6.5m series-A funding round for UK-headquartered courier service Weengs.
The fresh capital will enable the company to invest in its automated warehouse and the development of its technology.
Existing backers LocalGlobe, Cherry Ventures and VentureFriends also took part in the funding round.
Previous funding
LocalGlobe, Seedcamp and Cherry Ventures took part in a £2.2m funding round for Weengs in 2016.
Company
Founded in 2015, London-headquartered Weengs provides courier services through an online platform. The company offers both collection and packing services, and arranges for consignments to be delivered by third party couriers. It has a headcount of 70.
People
Weengs – Alex Christodoulou (co-founder, chief technology officer); Greg Zontanos (co-founder, chief product officer); Pier Ronzi (co-founder, CEO).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









