tiramizoo GmbH, a German start-up with a focus on same-day, last-mile delivery announces it has completed an investment round led by Shell Technology Ventures B.V. (STV) with co-investment by Daimler AG. This investment will support the development of tiramizoo’s urban logistics platform and the pursuit of new business models in the Asia-Pacific region. In addition to Shell and Daimler, tiramizoo’s major investors including DPD Germany, Bayerische Beteiligungsgesellschaft and Bayern Kapital are maintaining their investments.
tiramizoo is a leader in the new and rapidly growing sector of efficient last-mile and same-day delivery. The tiramizoo product – an app, platform and smart back-end technology — interfaces retailers with customers to schedule local delivery services of their purchases in over 150 cities in Germany, Austria, Sweden and The Netherlands. The efficiencies created by the platform enable retailers to offer a better service to customers, reduce costs and relieve urban traffic congestion, thereby improving air quality. tiramizoo already serves international retail giants such as Zalando, MediaMarkt and Saturn.
Roger Hunter, General Manager for Digital Businesses at Shell New Energies said, “We are pleased to close this deal through Shell Technology Ventures. We are impressed by tiramizoo’s deep knowledge of the urban logistics sector and their innovative technology platform. This investment will also support Shell’s strategic interest in developing new digital business models that benefit customers by facilitating the efficient movement of goods and people in crowded, growing cities.”
The financial transaction, which was supported by Ernst & Young’s Munich based M&A team, will allow STV and tiramizoo to combine their knowledge of digitally enabled mobility services, extending the existing tiramizoo platform to build new products and expand to new markets. This novel, connected approach to transporting goods more efficiently reflects Shell’s existing interests in freight optimisation to decarbonise and improve local air quality in the transportation sector in a sustainable manner through hydrogen electric, e-mobility, biofuels and gas-to-liquids platforms.
“We are delighted that STV is on board as an investor in tiramizoo,” said Michael Löhr, Founder and Managing Director of tiramizoo. “The arrival of Shell as global energy leader means that we have a strong partner in the field of mobility and logistics services.” Managing Director Thomas Bluth adds, “We shall use the new capital to step up the development of our technology and further refine our operational processes.”
tiramizoo GmbH is one of the most innovative logistics platforms in Germany and is the country’s leading same-day delivery provider. The company was established in 2010 by the three founders Michael Löhr, Volker Schneider and Philipp Walz. A fundamental factor in the company’s success is its proprietary software which places particular emphasis on providing a delivery service which is not just efficient, but ecological and environmentally responsible, too. Local deliveries are revolutionised and customers experience an inexpensive, reliable and particularly fast service.
About Shell Technology Ventures
Shell Technology Ventures (“STV”) is the corporate venture capital arm of Royal Dutch Shell plc (“Shell”). With major offices in Europe and the USA, STV invests in technology companies to enhance the development of new technologies that have the potential to create substantial deployment value for Shell. Continuing Shell’s tradition in venture capital since 1998, STV’s investment focus includes oil & gas, renewable green energy technologies, clean tech and IT. STV co-invests with other corporate investors, venture capital funds and angels and will invest in both early stage and late stage (growth capital) companies. For more information, visit www.shell.com/techventures.
Michael Löhr, Founder and Managing Director
firstname.lastname@example.org, 0049 173 363 0807
Thomas Bluth, Managing Director
email@example.com, 0049 173 740 1726
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The successful company tiramizoo was a former participant of the European Satellite Navigation Competition (ESNC) and part of the ESA BIC Bavaria programme from November 2010 to November 2011.
About the European Satellite Navigation Competition (ESNC)
The ESNC’s annual search for new services, products, and business innovations is designed to encourage the use of satellite navigation in everyday life. Over the past decade, it has evolved into the leading innovation competition comprising partner regions worldwide, the largest space-related incubation network and the most relevant European GNSS stakeholders. Pre-register now for the submission phase from 1 April – 30 June.
About ESA Business Inucbation Centre Bavaria
The ESA BIC Bavaria seeks entrepreneurs using space technologies in a non-space environment. That does not mean rocket science, but applies to multiple application fields such as navigation and positioning, communications techniques, Earth observation, materials, processes, signals or robotics.
ESA’s Business Incubation Centre Bavaria was launched in 2009 and is since managed by Anwendungszentrum GmbH Oberpfaffenhofen (AZO). ESA BIC Bavaria and its renowned partners – DLR, Airbus Defence and Space, Fraunhofer IIS and Wirtschaftsförderungsgesellschaft Berchtesgadener Land – provide startups with financial and technical support at four branch offices: Oberpfaffenhofen, Ottobrunn, Nuremberg and Berchtesgadener Land.
ESA BIC Bavaria has four selection rounds each year. The next application deadline for the incubation programme is 1 March 2017. Apply now for ESA BIC Bavaria.