Paack — Series E (estimated) · €10M

Spain's public Fond-ICO Next Tech, managed by Axis (ICO), invested €10 million in last-mile delivery company Paack, entering its cap table as part of a continuation of an internal round with existing shareholders. Press reports note this follows a €45 million internal round and a €30 million round led by InfraVia in summer 2023; no stage was given for this tranche.