NEON advises Earlybird on € 28.2 million Series A extension of Hive

25 June 2024 | NEON advises Earlybird on € 28.2 million Series A extension of Hive, a company specializing in logistics solutions. NEON acted as the legal advisor to Earlybird, leveraging its extensive expertise in venture capital transactions to ensure the successful execution of the deal. The investment round was exclusively led by Earlybird, reaffirming their commitment to supporting innovative logistics solutions.

The € 28.2 million raised in the Series A extension will be utilized by Hive to accelerate their expansion into new markets, enhance their technological capabilities, and scale their operations to meet increasing demand. This strategic investment aims to solidify Hives’ position as a leader in the logistics sector.

Background:

NEON is renowned for its expertise in advising venture capital funds and emerging startups on complex financing rounds in the technology and logistics sectors.