What is Cubyn?
Cubyn operated as a specialized logistics management company designed to optimize the delivery process for e-commerce businesses. Its service portfolio encompassed end-to-end fulfillment, warehousing, and branded packaging, aiming to provide a seamless experience for both online sellers and their customers. The company's model focused on leveraging technology to offer efficient and cost-effective shipping solutions, thereby supporting the growth of online brands and marketplace participants.
How much funding has Cubyn raised?
Cubyn has raised a total of $63.4M across 4 funding rounds:
Private Equity
$1.2M
Series A
$7M
Series B
$13.5M
Series C
$41.7M
Private Equity (2016): $1.2M with participation from Partech International and 360 Capital Partners
Series A (2017): $7M led by DN Capital, Partech Ventures, 360 Capital Partners., and BNP Paribas Developpement
Series B (2019): $13.5M supported by Bpifrance, 360 Capital Partners, Partech International, DN Capital, and BNP Paribas Développement
Series C (2021): $41.7M featuring DN Capital, BNP Paribas Développement, Bpifrance, 360 Capital, Fuse Venture Partners, First Bridge Ventures, and Eurazeo
Key Investors in Cubyn
Bpifrance
Bpifrance is a French public investment bank that finances companies at all stages of development, supporting innovation and international expansion. They offer credit, guarantees, and equity, along with consulting and networking services for startups and SMEs.
360 Capital Partners
360 Capital Partners is a European venture capital firm focused on investing in innovation, with a strong presence in France and Italy. They manage significant capital and have a track record of investing in and supporting over 80 companies.
Partech International
Partech is a global investment firm with offices across North America and Europe, providing capital and operational support to companies at seed, venture, and growth stages. They invest across a wide range of technologies and industries.
What's next for Cubyn?
Despite its innovative approach to e-commerce logistics, Cubyn has permanently ceased operations. The company's journey, marked by significant funding rounds including Series B and Series C, indicates a strong growth trajectory and market interest in its solutions. The substantial capital raised previously suggests ambitious expansion plans that were ultimately not realized. The cessation of operations highlights the inherent challenges and competitive pressures within the logistics and e-commerce fulfillment sector.
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