E-commerce logistics company Huboo has raised £60m in its latest Series B fundraising round, bringing the total amount it's raised to almost £80m. Its latest round was led by the UAE's Mubadala Capital, and comes after the company's revenues grew tenfold last year, after it benefited from the pandemic surge in online shopping. Huboo provides order fulfillment services from its four warehouses across the UK to over 1,000 client companies, including online marketplaces Amazon, eBay and Shopify. Its software enables brands to view and track orders and manage their inventory in real time. Existing backers including Ada Ventures, Stride and Maersk Growth all invested in the raise.

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