Logistics
Singapore’s Parcel Perform bags $20M in Series A funding from Cambridge Capital, Softbank Ventures Asia
Parcel Perform will use the fresh funding to build out its technology offerings and invest further in artificial intelligence (AI) solutions.
How cloud kitchens offer endless opportunities for rapid expansion amid the pandemic
With the F&B industry amidst one of its most revolutionary periods of all time, we are likely to see increased interest in cloud kitchen models. This space offers the potential of better unit economics, improved profitability, and faster scalability that could result in a more secure and sustainable business for all.
Malaysia’s iStore iSend bags investment from Japan’s logistics giant Yamato Holdings
The fund will be used for iStore iSend’s talent acquisition and improving its proprietary system to help the company in its plan for cross border expansion.
For these three Vietnamese startups, COVID-19 is an opportunity amid the crisis
In face of adversity, that’s when the DNA of entrepreneurs comes into play. And the resurgence of COVID-19 is another opportunity for entrepreneurs to display their grit, tenacity, and flexibility to adapt to an evolving situation. For some high-potential Vietnamese startups, this is not the time to stand still and just plan for survival.
Pickupp to expand presence in Malaysia after completing Series A and A+ funding co-led by PChome, Cornerstone Ventures
Pickupp Malaysia plans to expand coverage of more territories in Malaysia, grow its workforce of delivery agents, and continue investing in technology to further improve its offerings in the market.
Singapore end-to-end e-commerce logistics firm Janio raises $8M from Choco Up to accelerate regional expansion
Choco Up's investment is part of a wider closed round bridge investment, which also includes funding from Singapore-based Innoven Capital and Janio’s existing shareholders.
Philippines e-commerce logistics startup Locad secures $4.9M Seed fund led by Sequoia Capital India’s Surge
Locad currently runs seven fulfillment centers: four in the Philippines and one warehouse each in Singapore, Hong Kong, and New South Wales. The company plans to use part of its seed fund to further expand its warehouse network in the Philippines and across the APAC region.
Taiwanese cloud kitchen startup 3 SQUARE eyes APAC expansion
Besides Taiwan, 3 SQUARE is looking to expand into Hong Kong, Singapore, Malaysia, Thailand, Indonesia, The Philippines and Japan.
IMC Ventures partners with PIER71 to invest in maritime and supply chain ecosystem in Singapore
IMC Ventures, a newly-launched Singapore-based venture capital firm focused on investments in the maritime and supply chain industries, has announced that it has joined PIER71 as a venture capital partner with an objective to invest and nurture the maritime and supply chain ecosystem in Singapore.
With Flash Express entering Unicorn status, will we see more Southeast Asia Unicorns emerge?
The logistics startup plans to use the fresh funding to expand into more communities, introduce payments services, and support online merchants through loans. Earlier this year, the company launched in Laos, and it also plans to enter Cambodia, Myanmar, and Vietnam.
