Funding Roundup: Exceptional Wins for Attabotics, Beam, Ofload and Others
It has been an exceptional week for startups in the e-commerce, logistics and supply chain space. In this week’s Ecosystem Funding Roundup, we are thrilled to feature 6 of their notable achievements:
GoFreight Series A Funding
GoFreight is one of the fastest-growing startups that is revolutionizing the world of logistics by offering backend and frontend software that allows small freight forwarders to streamline operations and manage shipments. Today, the company has about 1000 customers leveraging its platform to maintain a competitive edge in the market. Armed with an additional $23M raised in its Series A, the unicorn is now one step closer to becoming the “Shopify of freight forwarding”.
Year Founded: 2017
Founder(s): Trenton Chen and Alex Chang
Location: Los Angeles, United States
Latest Funding: $23M Series A
Lead Investor(s): Flex Capital and Headline
Ofload Series B Funding
Formerly known as Loadsmile, Ofload is an logistics tech company that has secured $60M in Series B round of equity and debt. Founded in 2020, Ofload prides itself as "Australia's first digital road freight platform that fully tackles inefficiencies'' and maximizes global logistics by managing backfill for freight trucking. According to the founder Geoffroy Henry, the funds will help support its future acquisitions and accelerate the launch of its subscription-based fleet management software and a dashboard for tracking carbon emissions.
Year Founded: 2020
Founder(s): Geoffroy Henry
Location: Sydney, Australia
Latest Funding: $60M Series B
Lead Investor(s): Jungle Ventures
Attabotics Series C Funding
Inspired by the framework of ant colonies, Attabotics is a 3D robotics supply chain firm that is focused on replacing traditional fulfillment centers with a commercialized warehouse automation system for retailers. “We’ve spent most of our previous funding on commercializing and hardening the technology, and now we’re at a point where it’s time to really push it on the market and start to scale the business,” said Scott Gravelle following the recently completed $71M Series C.
Year Founded: 2015
Founder(s): Scott Gravelle
Location: Calgary, Canada
Latest Funding: $71M Series C
Lead Investor(s): Export Development Canada
Pickle Series A Funding
Founded by MIT alumni and industry experts AJ Meyer and Dan Paluska, Pickle Robot Company creates artificial intelligence (AI)-enabled robotic systems that help unload tens of thousands of packages per month at customer sites. Using the $26M injection from the latest Series A round, the company plans to expand its leadership team, strengthen its deployment capabilities and ramp up the commercialization of its product offerings.
Year Founded: 2018
Founder(s): AJ Meyer and Dan Paluska
Location: Cambridge, United States
Latest Funding: $26M Series A
Lead Investor(s): Ranpak, JS Capital, Schusterman Family Investments, Soros Capital and Catapult Ventures
Beam Seed Funding
Thailand-based Beam is a leading one-click checkout firm that empowers frictionless payments across Southeast Asia’s e-commerce industry. Since its inception in 2019, Beam has enabled brands and e-commerce sellers to boost checkout success rates by up to 30% and cut down costs significantly. With the $2.5M acquired through the seed round, the team will be able to scale its services across the region, hire more employees, and acquire more merchants.
Year Founded: 2019
Founder(s): Chinakrit Piamchon, Nattapat Chaimanowong and Win Vareekasem
Location: Bangkok, Thailand
Latest Funding: $2.5M Seed
Lead Investor(s): Sequoia India and Surge
Dema.ai Pre-Seed Funding
Stockholm’s Dema.ai is a next-generation marketing analytics platform that is changing the game for small to medium-sized e-commerce brands around the world. According to TechCrunch, the startup has bagged €4M in pre-seed funding to accelerate its product development, paving the way for its commercial expansion. The round was led by J12 Ventures with participation from several angel investors including Jacob Hellqvist and Johan Bendz.
Year Founded: 2022
Founder(s): David Feldell, Henrik Hoffman and Marcus Tagesson
Location: Stockholm, Sweden
Latest Funding: €4M Pre-Seed
Lead Investor(s): J12 Ventures
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