Tiger Global invests $34m into hive

 

Berlin-based Hive announced $34 million in new investment Wednesday as it continues developing its technology that provides direct-to-consumer brands an alternative way to manage operations.

The company was founded by Oskar Ziegler, Franz Purucker and Leo von Kleist in July 2020 to offer software and operational services, including transparent cost structures, special features and sustainable packaging and shipping.

E-commerce logistics startup Hive buzzes following $34M investment