The Series A round was led by Plural with backing from Project A and Prologis Ventures.
"We realised that today's delivery networks are stuck in the past, built for an era of brick-and-mortar stores, not the explosion of online shopping and social commerce we see today. This outdated model costs retailers billions in lost sales and prevents e-commerce from reaching its full potential."
The seed round was led by Project A Ventures to help scale the engineering and commercial teams.
"The success of our seed funding round is a testament to the dedication and dynamism of the Labrys team. We are excited about the potential to drive innovation in defence technology and the global development and commercial sectors"
The seed round was co-led by Project A and Prologis Ventures to fund nationwide expansion.
"In Asia, delivery companies were built specifically for e-commerce – in Europe and the US, it was the exact opposite, with delivery companies built for a pre-internet world,"