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Logistics engine Locad has raised an $11 million in Series A funding round to expand their supply chain platform that allows modern consumer brands in Thailand and across Asia-Pacific to automatically store, pack, ship and track orders in a distributed, end-to-end supply chain as-a-service.

Locad announced today it has raised $11 million in Series A funding led by Reefknot Investments, a joint venture between Temasek and logistics company Kuehne + Nagel.

Early-stage VC firm Antler announced it has invested in 12 startups from its fifth Singapore program and its Covid-19 initiative.

To fuel this growth further, seasoned Filipino e-Commerce champions join forces in driving LOCAD, a cloud-based logistics company, to support more brands and merchants in their online success.

Through efficient logistics, such as Locad’s multiwarehouse setup, local goods could be competitive in prices. Read more: https://business.inquirer.net/371553/logistics-sector-overcomes-disruptions#ixzz7qeD77ruGFollow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

Constantin Robertz, chief executive officer of logistics platform Locad, said that “product, price, promotion” are the three fundamental things in growing an e-commerce business. The hidden fourth would be the back-end work of seeing to all three. 

CLOUD logistics platform LOCAD has helped Humble founders Josef Werker and Niña Mirabueno Opida fulfill their warehousing and shipping requirements.

Another startup, Locad, recently raised US$ 4.9 million in a seed round. The Singapore-based startup provides an end-to-end e-commerce fulfillment solution for cross-border trade. 

End-to-end fulfillment service and cloud logistics provider LOCAD is set to launch a new shipping platform empowering SMEs to manage multiple couriers in one place.

 LOCAD Chief Executive Officer and Co-Founder Constantin Robertz focused on how online sellers keen on breaking into new regions can benefit from the booming Southeast Asian consumers