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[Funding alert] Amsterdam-based Sparqle Raises €1.2 Million in Funding

Amsterdam-based Sparqle raises €1.2 million in funding. Together with Graduate Entrepreneur Fund, a group of business angels led by the former CTO of Just Eat Takeaway, Managing Director of Deliveroo EU, and creator of Bloomon led the fundraising.

Amsterdam-based Sparqle raises €1.2 million in funding. Together with Graduate Entrepreneur Fund, a group of business angels led by the former CTO of Just Eat Takeaway, Managing Director of Deliveroo EU, and creator of Bloomon led the fundraising.

The funding infusion will hasten the advancement of Sparqle’s technological platform, broaden its network of sustainable distribution, and expedite its entry into new European nations. Sparqle’s platform provides a smooth interface between retailers, e-commerce businesses, and sustainable delivery methods, with the goal of revolutionising the delivery landscape.

Read also – Eindhoven-based Scinvivo Raises €4.7 Million in Funding

Sparqle uses a specialised fleet of electric vehicles and cargo bikes, along with its in-house software and rider app, to optimise delivery routes for optimal efficiency and least amount of environmental effect.

This tactic guarantees on-time, dependable deliveries while underscoring Sparqle’s dedication to cutting carbon footprints and tackling issues with urban traffic and pollution.

Read also – Darmstadt-based Threedy Raises €9.6 Million in Series A Round Funding

Ruurd Tjeerdema, Co-founder of Sparqle, said: “The logistics sector holds untapped potential for innovation, particularly in sustainability and efficiency. This investment propels us forward, allowing us to bring our vision of cleaner, more livable cities to life. Our approach not only addresses the urgent need for greener solutions but also keeps cost efficiency in focus.”

Tim van Alphen, Co-founder of Sparqle, commented: “As cities move towards emission-free zones, Sparqle’s platform emerges as a solution for businesses aiming to meet sustainability targets without compromising on efficiency. Additionally, our commitment to transparency and sustainability is directly in line with the objectives of the recently enacted Corporate Sustainability Reporting Directive (CSRD), which mandates comprehensive reporting on environmental impact and CO2 emissions for companies operating within the EU. Our detailed sustainability reporting is designed to meet these requirements, ensuring that our partners can confidently demonstrate their contribution to sustainable urban logistics.”

In addition to spearheading the sustainable delivery movement, Sparqle is proactively growing its presence throughout Europe with an enormous fleet of electric cargo bikes and vehicles already in service.

Read also – Copenhagen-based Spektr Secures €5 Million in Funding

About Sparqle

Having been founded in 2021, Sparqle aims to revolutionise the delivery sector and improve communities, businesses, and the environment all at the same time. By providing a scalable solution that satisfies the increasing regulatory needs for emission-free city logistics, Sparqle’s approach is ideally positioned to address the problems of urban congestion and pollution.

Read also – Tallinn-based Cognitiwe Secures €1Million in Funding

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