Sparqle bags €1.2 million investment to expand sustainable delivery platform across Europe

Sparqle, a sustainable delivery solutions startups, has announced the completion of a €1.2 million investment round.

The funding was led by a group of business angels including the former Managing Director of Deliveroo EU, former CTO of Just Eat Takeaway, and Bloomon founder, alongside Graduate Entrepreneur Fund.

The infusion of capital will be used to accelerate the development of Sparqle's technology platform, expand its sustainable delivery network, and fast track its expansion into additional European countries.

The company’s platform offers an integration between retailers, e-commerce brands, and sustainable delivery methods.

Through its proprietary software, rider app, and fleet of e-cargo bikes and electric vehicles, Sparqle aims to optimise delivery routes for maximum efficiency and minimal environmental impact.

Ruurd Tjeerdema, Co-founder at Sparqle: "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 at Sparqle, says: “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.”