Funding Roundup: Funding Rounds Closed by Onfleet, Juni, Swoop Aero and More
It has been an outstanding 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 outstanding achievements:
Klasha Seed Round Funding
San Francisco-based startup, Klasha raised $2.1M in the second round of seed funding led by Amex Ventures and Global Ventures. Klasha is focused on streamlining its services to further help merchants worldwide sell online to Africa and receive payments in local African currencies while enjoying fast last-mile delivery to consumers across the continent.
Year Founded: 2019
Founders: Jess Anuna
Location: San Francisco, California
Latest Funding: $2.1M Seed Round 2
Lead Investors: Amex Ventures, Global Ventures
Onfleet Series B Funding
Onfleet, the leading provider of a last-mile route optimization platform for a diverse portfolio of merchants, has raised $23M in a Series B round. Founded by David Vetrano and Khaled Naim, Onfleet has experienced significant growth since the pandemic, gaining more traction in retail and e-commerce spaces. With this fresh round of funds, the company aims to expand its team and “serve even more consumers with a stellar delivery program”.
Year Founded: 2015
Founders: David Vetrano, Khaled Naim
Location: San Francisco, California
Latest Funding: $23M Series B
Lead Investors: Kayne Partners
Nfinite Series B Funding
The leader in next-generation visualization and e-commerce merchandising, Nfinite, secured $100M in Series B funding led by global software investor Insight Partners. The funding will be utilized to expand Nfinite’s global customer, engineering, and marketing operations to provide the scale and support needed to meet rapid market adoption of its SaaS-based visual e-merchandising platform.
Year Founded: 2017
Founders: Alexandre de Vigan
Location: Paris, France
Latest Funding: $100M Series B
Lead Investors: Insight Partners
Swoop Aero Series B Funding
$16M Series B funding led by Main Sequence has been secured by Australian-based drone logistics company Swoop Aero. Founded in 2017, Swoop Aero has collaborated with a diverse pool of reputable partners such as UNICEF and UPS to develop Kite, a drone delivery service to transport urgently needed medical supplies. The firm plans to employ the funds to further penetrate into new markets, scale its integrated logistics network and expand Australian manufacturing capabilities.
Year Founded: 2017
Founders: Erik Peck, Joshua Tepper
Location: Melbourne, Australia
Latest Funding: $16M Series B
Lead Investors: Main Sequence
Juni Series B Funding
Swedish Fintech firm, Juni, has completed a $206M Series B venture capital raise to cater to its growing group of retailers with tools to help them run their business. Juni currently provides financial management platforms to e-commerce companies by building the “right insights, features and integrations” while “injecting capital into their marketing spend”. Having recently launched new features, Juni will use the funds to support its global expansion, continue to hire world-class talent and focus on building a robust product to support its e-commerce customers.
Year Founded: 2020
Founders: Anders Orsedal, Jonathan Sanders, and Samir El-Sabini
Location: Göteborg, Sweden
Latest Funding: $206M Series B
Lead Investors: Mubadala
Trunkrs Series B Funding
A Dutch startup Trunkrs has just raised €15M in Series B funding led by Korys. With its mission to be “active accelerators” to sustainable and efficient parcel delivery, Trunkrs uses existing delivery trucks and distribution centers within the delivery chain to keep its footprint small and delivery fast. The capital boost will be used to support Trunkrs growth plans, including increasing sustainability throughout the entire parcel delivery chain in the region.
Year Founded: 2015
Founders: Dimitri Balai, Jan Wijn
Location: Nieuwegein. Netherlands
Latest Funding: €15M Series B
Lead Investors: Korys
A huge congratulations to all the companies mentioned and we are looking forward to witnessing your growth in the months to come!
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