My Parcel Delivery seals capital fundraise

My Parcel Delivery seals capital fundraise

Manchester-based software company MPD Group is celebrating an additional £3.85m development capital fundraise. The new capital will be used to continue the development of Electio, MPD’s revolutionary new delivery management platform, which has cost more than £2m to develop. It will also help to grow delivery comparison site My Parcel Delivery and to further strengthen the group’s executive team.

The latest deal was led by NVM Private Equity, which invested £2.5m, with Praetura Capital and Seneca Partners following with their money.

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