Warehow, a rising star in the e-commerce fulfilment sector, has successfully raised £2.1 million in a Series A funding round led by Mercia Ventures through the Midlands Engine Investment Fund II. The investment is aimed at furthering the development of Warehow’s technology and expanding its storage capacity. Founded in 2021 as a spin-out from We Are Pentagon Group, Warehow has seen rapid growth and has doubled its revenue in the past year. The company employs 70 staff and has partnerships with notable brands, providing multi-channel fulfilment services. This brings the total funding for Warehow to over £3.75 million. The funds will also support increased sales and marketing efforts. Mercia Ventures, along with existing investor MENA Moonshots, backed the funding round, underscoring Warehow’s robust business model and rapid growth trajectory.
E-commerce Fulfilment, Investment Management, Retail,United Kingdom, Midlands
E-commerce fulfilment company raises £2m to meet growing demand