Funding Roundup: Lily AI, Superkul, Omnibiz and Others Close Early-Stage Deals

Aug 26, 2022

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

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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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