Castel Capital

Castel Capital is a growth equity investment firm that focuses on technology-enabled businesses in Europe. Founded in 2016, it targets business products and services sectors and partners with entrepreneurs, high net worth individuals, family offices, and discerning investors to provide private equity and investment solutions. The firm typically engages in seed to growth rounds, offers equity investments, convertible bridge loans, and co-investments, and seeks active board participation in portfolio companies. Its geographic reach is Europe, with a base in Cyprus according to PitchBook, reflecting its cross-border approach to funding startups and growth-stage firms across fintech, mobility, digital health, e-commerce, logistics, insurtech, SaaS, and marketplaces. Castel Capital emphasizes hands-on involvement and leverages a track record in investment banking and private equity to support portfolio growth.

Peter Vanhecke

Managing Director

Past deals in Transport and logistics

Boxmotions

Venture Round in 2020
Boxmotions S.L. is a company based in Barcelona, Spain, that specializes in valet storage services. Founded in 2015, it provides a convenient solution for individuals and businesses looking to manage their belongings without needing to sacrifice space in their homes or offices. Customers can schedule pickups of their items, which are then transported to a secure storage facility. Boxmotions creates a digital inventory with images of each item, allowing users to track their belongings through an online catalogue. The service caters to apartment owners, individuals, and companies, offering a monthly subscription that simplifies the management of personal logistics. By leveraging a unique technology stack, Boxmotions also aspires to enhance customer experience in bulky item logistics, addressing the growing demands of e-commerce and retail.

Paack

Series B in 2019
Paack is a delivery services company focused on sustainable e-commerce and retail parcel transportation in Europe, offering a platform that provides scheduled and temperature-controlled deliveries, real-time tracking, and customer support. It operates an in-house technology platform developed by a team of over 120 engineers to automate, robotize, and optimize operations, achieving a high first-delivery-attempt success rate and reducing travel miles and emissions. The company aims to lead sustainable eCommerce deliveries in Europe and pursue carbon net-zero by 2030 through measuring environmental impact, decarbonization actions, partnerships, and reporting progress. It serves Spain, France, Portugal, and Italy.

Boxmotions

Convertible Note in 2018
Boxmotions S.L. is a company based in Barcelona, Spain, that specializes in valet storage services. Founded in 2015, it provides a convenient solution for individuals and businesses looking to manage their belongings without needing to sacrifice space in their homes or offices. Customers can schedule pickups of their items, which are then transported to a secure storage facility. Boxmotions creates a digital inventory with images of each item, allowing users to track their belongings through an online catalogue. The service caters to apartment owners, individuals, and companies, offering a monthly subscription that simplifies the management of personal logistics. By leveraging a unique technology stack, Boxmotions also aspires to enhance customer experience in bulky item logistics, addressing the growing demands of e-commerce and retail.

GetTransport.com

Seed Round in 2018
GetTransport International Limited is an online marketplace that connects businesses and consumers with trucking and freight services, primarily serving markets in Russia and Europe. Established in 2007 and headquartered in Larnaca, Cyprus, with additional offices in Moscow and Miami, the company offers a range of services including household moves, cargo transportation, container shipping, and long-haul logistics. By providing a straightforward and cost-effective platform, GetTransport facilitates various transportation needs, such as office relocations and international shipping, making it easier for clients to manage their logistics requirements.

Paack

Series A in 2018
Paack is a delivery services company focused on sustainable e-commerce and retail parcel transportation in Europe, offering a platform that provides scheduled and temperature-controlled deliveries, real-time tracking, and customer support. It operates an in-house technology platform developed by a team of over 120 engineers to automate, robotize, and optimize operations, achieving a high first-delivery-attempt success rate and reducing travel miles and emissions. The company aims to lead sustainable eCommerce deliveries in Europe and pursue carbon net-zero by 2030 through measuring environmental impact, decarbonization actions, partnerships, and reporting progress. It serves Spain, France, Portugal, and Italy.

MUB Cargo

Seed Round in 2018
MUB Cargo, Inc. is a logistics company based in Braga, Portugal, established in 2016. It operates a mobile application, MUB Cargo, which connects individuals and businesses needing to transport goods with a network of licensed transporters. The platform offers a range of services, including door-to-door delivery for documents and packages, shipping for various items during relocations, and options for assembling and dismounting large items. Users benefit from real-time tracking and the ability to collect and deliver cargo at specified addresses. MUB Cargo enables transporters to optimize their capacity by addressing the common issue of wasted space on trips, thus providing cost-effective transportation solutions. Since its launch, the application has attracted over 400 licensed transporters and 10,000 registered users, primarily from the business sector, and has experienced a consistent monthly increase in transaction volume. The company has also received recognition for its innovative approach, winning several awards and being a finalist in various competitions.
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