We are excited to announce that we raised€11 million from Turkey's leading investment fund ESAS Private Equity!
We are extremely happy to announce that we raised €11mn for pre-series A funding round that will be used to fuel the expansion plans (including plans to open our first fulfilment centre in the UK by the end of the year), as well as drive product research and development, including in our robotics division. The round was led by Esas Private Equity, a leading private equity firm in Turkey, that has made numerous high-profile technology investments. In Q1 2023, OPLOG will become the only company in Europe other than Amazon to operate using in-house robotics technology within its fulfilment centres.
Commenting on the round, our founder and chief executive Halit Develioglu said: “OPLOG was founded nine years ago and bootstrapped until today to drive e-commerce forward by enabling global businesses, and brands, to offer seamless post-purchase experiences to their customers. I am grateful to Esas for their support and investment and look forward to working closely together with them as OPLOG enters the next phase of our remarkable journey. Today’s announcement is testament to the hard work of the entire team - the future is very exciting.”
On their investment in OPLOG, Esas Private Equity, said: “Esas is only too happy to support OPLOG - a fine example of the Turkish tech scene going from strength to strength. Halit’s vision for the future of e-commerce and OPLOG’s dedication in bringing robotics to market make the company a compelling investment. We are excited for what the future holds.