Oplog, an Istanbul, Turkey-based tech-enabled fulfilment company, raised €11M in Pre-Series A funding.
The round was led by Esas Private Equity.
The company intends to use the funds to accelerate expansion plans (including opening its first fulfilment centre in the UK by the end of the year), as well as drive product research and development, including in its robotics division (TARQAN).
Led by CEO Halit Develioğlu, Oplog enables e-commerce brands to operate in various markets without physical boundaries through its international fulfilment network and the ability to track all the inventory and operational processes in fulfilment centres (with warehouses in Gebze, Dilovasi and Ankara). The company’s robotics technology is proprietary and each warehouse will utilize up to 50 robots. Oplog stocks a merchant’s products in their smart warehouses and prepares orders on their behalf – managing delivery and providing end-to-end fulfilment services enhanced with technology. Using a mix of software and robotics, the company is already Turkey’s leading tech-enabled logistics company. In the country, Oplog works with multinationals such as SONY, Rossmann, and Tupperware.
By the end of the year, the company will open a brand new fulfilment warehouse in the UK which will employ over 100 people within its first 18 months of being operational. In the near future, the warehouse will take advantage of the proprietary robotics technology.
FinSMEs
28/09/2022