NEON advises Earlybird on € 13 million financing round of MAYD

14. October 2021 | NEON has advised Earlybird Venture Capital on the €13 million seed financing round of Berlin-based startup MAYD.

In addition to Earlybird, 468 Capital and Target Global are also investing in the Berlin-based company founded by Hanno Heintzenberg and Lukas Pieczonka (McMakler founders), which is launching as the first European instant delivery platform for medicines.

The company offers its Berlin users a 30-minute delivery service for initially over-the-counter pharmacy products via the MAYD app, entering the market just ahead of the upcoming launch of the e-prescription in January 2022. After the roll-out in Berlin, other German cities and the development of the European market are to follow.

The service is also to be expanded to include the ordering of prescription products. When an order is placed between 8 a.m. and midnight, MAYD delivers the desired products to the doorstep within 30 minutes, 7 days a week, via a fleet of messengers linked to the pharmacies. Without additional delivery costs and regardless of the order value.

Background:

NEON continuously advises Earlybird on investments, most recently on its investment in AI startup Aleph Alpha as well as on Unicorn sennder’s Series D financing round and the previous merger with Everoad, among others.