Smart mailbox startup Mypo raises €500K from Berlin Equity

The Amsterdam-based startup Mypo has raised 500.000 euros from the German venture capital firm Berlin Equity.

Mypo taps into the growing number of online sales of items that don’t fit the average sized door mail slots and the fact that many people experience having to stay home to collect their orders as overly annoying.

It has developed a relatively large postbox that you can attach to your door at your convenience to receive for instance the clothes, shoes, books, or gameconsoles you have ordered the online.

The Mypo app and a unique password guarantee that only you and the delivery person can open the mailbox.

The new capital infusion will be used to hire engineers.

Photo Credit: Clem Onojeghuo

Source: StartupJuncture