Innovative logistics startup company Fr8Labs receives seed funding supports to innovate Asia’s logistics, redefining the industry’s future.

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 […]

Singapore logistics engine Locad announced that has raised an $11 million Series A funding round to expand its supply chain platform that allows modern consumer brands in Asia-Pacific to automatically store, pack, ship and track their orders in a distributed, end-to-end supply chain as-a-service. The round was led by Reefknot Investments, a fund anchored by […]

Singapore-founded e-scooter and e-bike operator Neuron Mobility, announced that it successfully raised $43.5 million in Series B funding, co-anchored by global venture firms GSR Ventures and Square Peg. The fresh capital will fuel Neuron’s unique international expansion strategy, which is laser-focused on winning highly prized competitive tenders, according to the announcement. Increasingly, cities are choosing […]

Singapore-based smart mobility startup RushOwl has reportedly raised about $500,000 in seed funding led by Silicon Solutions Partners, an investment firm focused on servicing and growing smart city entrepreneurs. Other backers in the funding round include current investor Seeds Capital (the investment arm of Enterprise Singapore) and Workplace Accelerator (an HRtech accelerator). By 2022, RushOwl […]

MooVita, a Singapore-based autonomous vehicle startup, announced the close of its Series A funding round co-anchored by 1Derlife Growth and SEEDS Capital. The capital injection from the two companies follows the investment from Momentum Ventures (the Corporate Venture arm of SMRT Corporation) and Yinson. The startup said the fresh funding will bolster its journey to […]

Ninja Van, a Singapore-based logistics startup is the latest entrant in the unicorn club after it raised $578 million from Chinese ecommerce giant, Alibaba Group. Existing investors B Capital Group (a venture capital firm by Facebook), DPDgroup/GeoGroup (a European parcel delivery company), along with Zamrud (Brunei’s Sovereign Wealth Fund), and Monk’s Hill Ventures also participated […]

Portcast, a Singapore-headquartered logistics technology startup, is looking at going international and doubling its team size after raising $3.2 million in its pre-Series A financing round. The funding round was led by Newtown Partners (via the Imperial Venture Fund) with participation from Wavemaker Partners, TMV, and Innoport. Existing investors, including SGInnovate, also participated. The logitech […]

Janio, a cross-border platform providing integrated, end-to-end ecommerce logistics services, announced raising $8 million in fresh funding from revenue-based investment and fintech firm Choco Up. The investment is part of a wider closed round bridge investment, which also saw the participation of Singapore-based Innoven Capital and Janio’s existing shareholders, according to the announcement. Founded in […]

Carro, a Singapore-based online auto marketplace startup, announced raising $360 million in a Series C funding round led by SoftBank Vision Fund 2, making it the first automotive marketplace unicorn in Southeast Asia. The fresh funding, which saw the participation of prominent Indonesia-based funds, including EV Growth, will be used to double down on the […]