Singapore e-commerce startup Cococart raises $4.2M from Forerunner Ventures and Sequoia Capital for overseas expansion

Cococart has secured $4.2 million in seed funding to expand its growth internationally. The new capital was raised from Forerunner Ventures and Sequoia Capital, with participation from Y Combinator, Uncommon Capital, Soma Capital, Liquid 2 Ventures, Fitbit Chief Executive Officer James Park, Curated Chief Executive Officer Eduardo Vivas, and other strategic angel investors. The new funding raised will be used to grow the team, accelerate product development, and expand to other countries.