Funding Roundup: Lily AI, Superkul, Omnibiz and Others Close Early-Stage Deals
It has been a splendid 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:
Tridge Series D Funding
Tridge, a Korean startup that matches food agriculture buyers and sellers, has closed a $37.2M Series D, making it the latest billion-dollar startup in SoftBank Group’s stable. Combining professional network and data intelligence, Tridge helps buyers with sourcing and ordering of products at reasonable prices in over 150 countries. The company’s fulfillment solution also allows vendors to diversify their sales channels and find buyers for perishable goods.
Year Founded: 2015
Founders: Hoshik Shin
Location: Seoul, South Korea
Latest Funding: $37.2M Series D
Lead Investors: DS Asset Management
Lily AI Series B Funding
Lily AI is an AI-powered platform that connects shoppers with the relevant products they are looking to purchase. Founded in 2015, the company aims to “build a shopping experience that would be able to understand the emotional context of the shopper” in a way that has never been done before. In addition to advancing its suite of rich analytics for customers, the latest $25M injection will be used for the continued development of its applications, according to TechCrunch.
Year Founded: 2015
Founders: Purva Gupta, Sowmiya Chocka Narayanan
Location: California, United States
Latest Funding: $25M Series B
Lead Investors: Canaan
Rivigo Series H Funding
Rivigo is a trucking logistics firm that has raised approximately $2M in a Series H round led by Elevation Capital and Spring Canter Investment. With more than 250 processing units and 70 pit stops, Rivigo claims to have the largest network service coverage, spanning over 30,000 pin codes across India. As a pioneer of numerous ground-breaking technologies, the company has transformed the sector since its early days in 2014.
Year Founded: 2014
Founders: Deepak Garg, Gazal Kalra
Location: Gurugram, India
Latest Funding: $2M Series H
Lead Investors: Elevation Capital, Spring Canter Investment
Bejewel Series B Funding
Bejewel is a Korean jewelry firm that is known for Amondz, its vertical e-commerce platform that hosts more than 1600 jewelry brands. Following its $6M Series B follow-up round featuring Rakuten Capital, SoftBank Ventures and others, the company is looking to strengthen its foothold in the Japanese market, as well as to accelerate its expansion plans across the rest of the Asia-Pacific region.
Year Founded: 2016
Founders: Saeile Hue, Jihyun Choi
Location: Seoul, South Korea
Latest Funding: $6M Series B
Lead Investors: Undisclosed
Superkul Seed Funding
Superkul is a Jakarta-based last-mile delivery company focused on cold chain logistics. Founded in 2020, the startup provides API integration to enable delivery tracking, temperature monitoring and payment support. With the fresh capital from its undisclosed seed round, Superkul is set to expand its operation fleets and enhance its digital platforms to further develop its offerings.
Year Founded: 2020
Founders: Catherine Susilowati Prajitno, Chris Wiranata, Eunike Yvonne Hanata, Felix Sutanto
Location: Jakarta, Indonesia
Latest Funding: Undisclosed Seed
Lead Investors: East Ventures
Omnibiz Pre-Series A Funding
Omnibiz is a Nigerian B2B e-commerce platform that connects FMCG manufacturers to retailers by digitizing the supply chain stakeholders. The $15M raised from its recent Pre-Series A will enable Omnibiz to drive retention among its retail customers, and also fund its regional expansion in more cities, namely Abidjan, Takoradi, Kumasi and Accra.
Year Founded: 2019
Founders: Deepanker Rustagi
Location: Lagos, Nigeria
Latest Funding: $15M Pre-Series A
Lead Investors: Timon Capital
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