Boxhub Raises $2.7M Seed Round to Modernize Shipping Container Industry

TORONTO, April 11, 2022 (GLOBE NEWSWIRE) — Tech startup Boxhub has raised a seed round of $2.7 million in its mission to become the leading online marketplace for shipping containers. The company’s latest round of financing will accelerate its rapid expansion in the US and fuel product development.

The Copenhagen-founded, Toronto-based startup is now backed by lead investor Niklas Östberg, founder and CEO of Delivery Hero; Conrad Whelan, Uber’s founding engineer; David Helgason, Founder of Unity Technologies; and super angels Esther Dyson and Charlie Songhurst, among others.

“Boxhub is rapidly digitizing an industry based on paper and pencil processes,” says lead investor Niklas Östberg. “In just a few short years, they have turned the logistical headache of buying and selling shipping containers into a fast and frictionless e-commerce experience. I have no doubt that Boxhub will be the leader in shipping container trading very soon.” “.

In the latest round, Boxhub gets the endorsement of Innoport, the venture capital arm of 135-year-old maritime leader Schulte Group. The investment unlocks access to international markets, the global customer base and the Schulte Group’s worldwide network of partnership opportunities.

“Boxhub’s shipping container marketplace simultaneously meets growing demand from multiple verticals and reduces the economic impact of empty repositioning,” said Haymon Sinapius, Investment Manager at Innoport, “This, along with an experienced leadership team, positions Boxhub on the way to becoming a very exciting innovator in the container industry.”

Other notable Boxhub investors include Aakrit Vaish, founder and CEO of Haptik; Michael Pomerleau, General Partner of moving companiesand Samuel Fuentes, Founder and CTO of OnTruck.

“We are delighted to welcome this experienced team of investors to join the Boxhub journey,” said Boxhub CEO Maximillian Birner. “I am convinced that his rich experience in growing technology startups and the maritime industry will help us continue to grow exponentially.”

box center was founded in 2017 as an e-commerce platform for B2B and B2C shipping container transactions. The company aims to completely revolutionize the way shipping containers are traded by automating all aspects of the value chain for suppliers, customers, container depots and truck operators. Thousands of customers have purchased shipping containers through Boxhub, including NASA, General Electric, Hobby Lobby, and the New York City Housing Authority.

The managed market has become popular with customers embarking on DIY/recycling projects, with many containers purchased by Boxhub embarking on a second life as tiny houses, vertical farms, and home offices. The company maintains an average Trustpilot rating of 4.7/5 stars.

About Boxhub
Boxhub is an e-commerce and logistics platform that enables the frictionless purchase and delivery of shipping containers. Founded in 2017, the managed marketplace has become a trusted partner for thousands of container buyers in the United States. By extending the life of containers and reducing the need to relocate empty containers, Boxhub aims to build a more sustainable world, one container at a time. For more information visit

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