Instabox packs up $190 million, officially stamps the unicorn club card

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Sweden’s Instabox has raised $190 million in a growth equity round. The automated parcel locker service will use the new capital to further invest in sustainable solutions, refine its tech stack, and press forward with European expansion plans. To date, Instabox has raised approximately $327 million.

In January, Instabox informed of its acquisition of Norwegian logistics and e-commerce delivery solutions firm Porterbuddy, while a Dutch market entry and $90 million Series B round took the tabloids last year.

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