Utrecht-based same day and next day delivery startup Trunkrs raises €15 million in growth capital

Utrecht-based same day and next day delivery startup Trunkrs raises €15 million in growth capital

Published: 10-06-2022 13:26:00 | By: Pie Kamau | hits: 2246 | Tags:

Trunkrs, specialist in same day & next day delivery for the e-Commerce sector, has successfully raised €15 million in a series B investment round. The financing round was led by Korys, the Belgian investment company of the Colruyt family. In addition to Korys, VP Capital, Family office of the Van Puijenbroek family, and Amsterdam-based SET Ventures, which previously invested in Trunkrs, also participate. IMPROVED Corporate Finance advised and assisted Trunkrs in this financing.

Jan Wijn, CEO, Trunkrs: ''As a chain partner, we actively promote sustainability in our industry. Thanks to the investment of Korys, VP Capital and SET Ventures, we can strengthen our position as market leader in our segment in the Netherlands and expand further to Belgium, so that Belgian webshops can also benefit from our fast and reliable parcel delivery. This way we increase our impact and we are proud of that.''

Trunkrs is a leading delivery partner of premium e-Commerce parties in the Netherlands. Many web shops, including those of Mediamarkt, rely on Trunkrs for the fast and reliable delivery of their parcels. Since 2021, the company has also been supplying in Flanders. The capital raised enables Trunkrs to maintain and increase its market leader position in the Benelux. In addition, the company will use the new investment to accelerate the sustainability of the parcel delivery chain.

Brieuc de Hults, Investment Director, Korys: ''We are very excited to invest in this fast-growing premium delivery service. Not only do they provide a reliable, sustainable and fast delivery solution, they also enable small and medium-sized online stores to compete fairly and offer their customers comparable premium and sustainable delivery options to larger e-commerce platforms and the like. to stimulate more local e-Commerce. They are already frontrunners in the Netherlands and together with VP Capital and SET Ventures we will ensure that Trunkrs also conquers the Belgian market.''

Trunkrs was founded in 2015 with the aim of making the 'last mile' of parcel delivery sustainable. By ingeniously using the existing delivery vans and distribution centers in the chain, Trunkrs keeps its own footprint small. Above all, the company is actively involved in the electrification of partners' fleets.

Guus van Puijenbroek, Director, VP Capital: ''With this investment, Trunkrs can further develop the electrification of parcel delivery and make significant savings on CO2 emissions in an ever-growing e-commerce market. In addition, our evaluation showed that Trunkrs is increasingly placing demands on partners in terms of working conditions and sustainability. The partnership with Korys and SET Ventures for the investment in Trunkrs and the company's vision and innovative solutions align seamlessly with our ambition to use our capital for sustainable progress.''