Fairsenden secured €4 million in an investment deal backed by Five Investments GmBH

Fairsenden, a Berlin, Germany-based last mile delivery provider, announced that it raised a funding round of €4 million ($4.6M).

The money was raised locally via German angels Navid Thielemann and Christian Flick through their investment vehicle Five Investments GmBH.

Fairsenden, founded in 2019 by Markus Schwarz, is a software company doing logistics delivery. The company operates its own e-cargo bikes and e-van fleets in Berlin and Munich, and uses software in order to optimize logistics routes and the resulting traffic.