MoveinSync seeks $50-60M funding to expand its innovative commute solutions, eyeing growth and investor exits amid India’s challenging investment climate.
Innovative logistics startup company Fr8Labs receives seed funding supports to innovate Asia’s logistics, redefining the industry’s future.
In the ever-expanding realm of e-commerce, logistics solutions have evolved into a crucial component, and Korean startup Colosseum is at the forefront of this transformation. Utilizing innovative AI technology and a network-based model, Colosseum is dedicated to optimizing e-commerce logistics efficiency with a global vision. Operating as a comprehensive one-stop solution, the company streamlines logistics processes, […]
Japan is taking proactive steps to simplify regulations for foreign individuals seeking startup visas, to foster its startup ecosystem. The Ministry of Economy, Trade and Industry plans to revise existing rules, allowing private companies to participate in the visa screening process. This move is expected to streamline the visa issuance procedure, making it more accessible […]
Coldspace, an Indonesian integrated cold chain solutions provider, has announced the completion of a $3.8 million seed round of funding. The round was led by Intudo Ventures, an Indonesian venture capital firm, along with ASSA, one of Indonesia’s largest logistics groups, and Triputra Group, a major Indonesian agricultural conglomerate. MKA & ITS also participated in […]
India’s top third-party logistics provider, Xpressbees, has secured a $40 million investment from Malaysia’s sovereign wealth fund, Khazanah Nasional Berhad, through a secondary purchase from an early investor. Xpressbees has been gaining significant market share in India’s logistics sector, thanks to its unique and scalable asset-light approach and tech-led precision execution. The company has expanded […]
Fresh Factory, an Indonesian start-up that offers an integrated cold chain fulfilment and logistics service, has raised $4.15m in pre-Series A funding. The investment round was led by SBI Ven Capital, with participation from Kyobo Securities, NTUitive, Trihill Capital, East Ventures and PT Tap Applied Agri Services. Fresh Factory plans to use the funds to […]
Singapore-based autonomous logistics firm, Venti Technologies, has raised $28.8 million in a Series A funding round. Led by LG Technology Ventures, the venture capital arm of the LG Group, the round also saw participation from Safar Partners, UOB Venture Management, and existing investors Alpha JWC and LDV Partners. The funds will be used to drive […]
Indonesia-based Baskit, a technology company focused on enhancing traditional supply chains in the country, has raised $1.5m in pre-seed funding. The round was led by Forge Ventures, and also saw participation from DS/X Ventures, Sketchnote Partners, Prasetia Ventures, and other notable regional and global angel investors. Baskit aims to invest in its technology and team […]
The absence of EV charging infrastructure has been cited as a critical factor that is holding back the pace of EV deployment in Vietnam and other parts of Southeast Asia. Clime Capital, a Singapore-based fund manager focusing on accelerating the low carbon transition, is helping Vietnam address this concern through its partnership with EBOOST, the […]