We advised Superangel and Practica Capital in a seed funding round raised by ZITICITY
European logistics startup "Ziticity", headquartered in Lithuania, raised €315,000 Seed Round led by Estonia-based early-stage fund Superangel (with Taxify/Bolt, Transferwise and Skype founders as investors) and participation by Practica Capital, Startup Wise Guys, and angel investor Mikko Silventola.
The company helps merchants to fight Amazon menace in Europe with a platform that connects their e-commerce stores with gig-economy workers trained for fast package delivery. "Ziticity" already operates in Lithuania and Estonia, where it reached the average delivery time of 42 minutes, Practica Capital writes in a press release.
Ellex Raidla’s counsel Antti Perli advised Superangel and Practica Capital in the seed funding round.
Read more HERE.