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Courier Service Delivery Delivery Service Logistics Same Day Delivery Transportation Western Europe

Borzo Raises $35M In Series C Funding

– Borzo (FKA Dostavista) is a Moscow, Russia-based crowdsourced same-day delivery service operating globally.
– The company raised $35M in Series C funding.
– Investors include Mubadala, VNV Global, RDIF and others.
– The new investment will be used to strengthen the company’s position on the international market under the Borzo brand and develop new products.

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Australia and Oceania Courier Service Delivery Logistics

Sendle Raises $35M in Series C Funding

– Sendle, a Sydney, Australia- and Seattle, WA-based carbon neutral shipping carrier for small business, raised $35m in Series C funding.
– The round was led by AP Ventures alongside returning investors including Federation, Full Circle and NRMA.
– The company intends to use the funds to build out its U.S. network of logistics, delivery, and technology partners.

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Courier Service Delivery Service E-Commerce Freight Service Logistics Southeast Asia Transportation

Flash Group Raises $150M in Funding

– Flash Group is a logistics startup from Bangkok, Thailand.
– The company raised $150m in Series D+ and Series E funding.
– The Series D+ was led by SCB10X with participation from Thailand’s Chanwanich Security Printing Company.
– The Series E round was led by Buer Capital with participation from existing investors SCB10X, eWTP Capital, PTTOR, TCP Group’s Durbell, and Krungsri Finnovate.
– The company intends to use the funds to expand operations and its development efforts and grow its business reach.

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Courier Service Information Technology Logistics North Africa and the Middle East Transportation

Bosta raises $6.7M to expand e-commerce delivery business across Africa and MENA

– Bosta, a logistics and last-mile delivery company, raised $6.7m in Series A funding.
– The round was led by Silicon Badia and joined by 4DX Ventures, Plug and Play Ventures, Wealth Well VC, Khwarizmi VC, as well as other regional and global investors.
– The company offers next-day delivery to customers and handles exchange shipments, customer returns and cash collection.
– The idea for Bosta came during Ezzat’s time at Lynks, his previous consumer goods startup. Lynks, the first YC-backed company from Egypt, allows people in Egypt to buy brands from the U.S., China and the U.K.

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Asia Courier Service Delivery E-Commerce Marketplace

Indonesian logistics startup SiCepat raises $170 million Series B

– SiCepat, an end-to-end logistics startup in Indonesia, announced today it has raised a $170 million Series B funding round.
– The funding was led by Falcon House Partners, Kejora Capital, DEG (the German Development Finance Institution), Telkom Indonesia’s investment arm MDI Ventures, Indies Capital, Temasek Holdings subsidiary Pavilion Capital, Trihill Capital, and Daiwa Securities.
– The company’s last funding announcement was a $50 million Series A in April 2019.

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B2B Courier Service Delivery Delivery Service Europe Information Technology Logistics Same Day Delivery

Gophr, the UK last-mile delivery company, picks up £4M funding

– Gophr, a U.K.-based last-mile delivery provider, has raised £4 million in funding.
– The round was led by pan-European B2B investor Nauta Capital.
– The company had previously raised £1 million in two rounds, including £500,000 from publicly listed Auctus Alternative Investments.
– Noteworthy, Gophr’s co-founder and CEO, Seb Robert, tells me the 2015-founded company reached monthly net profitability around three years ago and was net profitable for the whole of last year.
– Like other delivery companies, Gophr has benefited from a pandemic bump, but fortitude aside, is aiming to step on the gas.

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