📦 Warehow’s $2.7M Funding Boost
Warehow, a UK-based e-commerce fulfilment firm, raised $2.7M in a Series A round on Sept 2, 2024. The funding, led by Midlands Engine Investment Fund II through Mercia Ventures, will support its expansion and technology upgrades. This brings their total funding to $4.8M. Warehow enables retailers like River Island, True Religion, and Puma to sell across platforms like eBay and John Lewis.
🏢 Warehouse Expansion and Tech Upgrades
The Worksop-based company plans to use the funds to expand storage at its existing facilities and further develop its tech. Warehow’s warehouses are vital for processing orders and returns. With 70 employees, it ensures seamless delivery via third-party couriers, streamlining operations for major brands.
🚀 Accelerating Growth
“This funding is a significant milestone for Warehow. It will enable us to accelerate our growth trajectory and execute our business plan more effectively,” said CEO Pete Harris. He highlighted the role this investment plays in keeping up with increased demand from retailers and maintaining efficient service.
💼 Investors’ Confidence
Howard Mitchell of Mercia Ventures praised Warehow’s fulfilment approach: "Larger retailers focus on stores and websites, while smaller ones often lack infrastructure. Warehow’s innovative operations and tech make it a key player." The Midlands Engine Fund, which aims to help small and medium businesses scale, was a major supporter of this round.
Will Warehow’s expansion boost fulfilment speed?
