Funding Roundup: SupplyPike, Syrius Robotics Raised Series B Funds and More
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 amazing achievements:
KitaBeli Venture Funding
Indonesia’s social commerce platform Kitabeli has raised $20M in venture capital led by Glade Brook Capital Partners. The new funding will enable the firm to further expand into second- and third-tier cities across the archipelago, while also rolling out new product categories such as beauty, personal care, mother and baby products, frozen food, and more.
Year Founded: 2020
Founders: Gopal Rathore, Ivana Tjandra, Prateek Chaturvedi, Subhash Bishnoi
Location: Jakarta, Indonesia
Latest Funding: $20M Venture Funding
Lead Investors: Glade Brook Capital Partners
AnyMind Series D Funding
Japanese commerce enabler AnyMind closed $29.4M in Series D round. Founded in 2016 in Singapore, AnyMind offers tools to businesses, publishers, and influencers like cloud manufacturing, marketing, logistics, creator monetization, and more. The newly raised funds will be channeled to strengthen the company’s move in the commerce enablement space and fund future acquisitions.
Year Founded: 2016
Founders: Kosuke Sogo, Otohiko Kozutsumi
Latest Funding: $29.4M Series D
Lead Investors: JIC Venture Growth Investment
SupplyPike Series B Funding
SupplyPike, a supply chain SaaS company, bagged $25M in Series B funding, giving the company $40M in total funding to date. SupplyPike aims to utilize the funds to continue developing software so that consumer packaged goods companies and brands are compliant with retailer needs and able to more efficiently deliver products on time.
Year Founded: 2018
Founders: Daniel Sanker, TJ Sangam
Location: Arkansas, United States
Latest Funding: $25M Series B
Lead Investors: Noro-Moseley Partners, Frontier Growth
Syrius Robotics Series B Funding
ByteDance-backed Chinese startup, Syrius Robotics, secured $7.4M in Series B funding round. Syrius Robotics develops autonomous mobile robots (AMRs) specifically to automate warehouse workflows. Currently, the company has clients in Japan, Singapore and South Korea and will leverage the funds to spearhead its expansion plans in Southeast Asia, North America and Europe.
Year Founded: 2018
Founders: Adam Jiang, Junbin Liu, Xuan Luo
Location: Shenzhen, China
Latest Funding: $7.4M Series B
Lead Investors: Harvest Capital
Flip Series B Funding
Discovery e-commerce startup Flip closed $60M in a Series B funding round that puts its valuation at $500 million. Flip is the next-generation e-commerce platform combining a TikTok-like discovery experience with a premium e-commerce service. The startup plans to use the funding to expand the team, deepen its brand partnerships, and launch its own third-party social commerce marketplace this summer.
Year Founded: 2021
Founders: Noor Agha, Jonathan Ellman
Location: Los Angeles, United States
Latest Funding: $60M Series B
Lead Investors: WestCap
Lal10 Pre-Series A Funding
India’s online cross-border wholesale platform Lal10 has raised $5.5M in its Pre Series A round. The fresh funds will be injected into expanding its tech-based supply chain solutions to buyers and technology innovation for MSMEs, empowering them with design to digitize the global wholesale discovery. The fresh capital will also be used to expand in the global markets across the US, Japan and the Middle East.
Year Founded: 2017
Founders: Maneet Gohil, Sanchit Govil, Albin Jose
Location: Delhi, India
Latest Funding: $5.5M Pre-Series A
Lead Investors: Yuj Ventures and Beyond Capital Ventures
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