Southeast Asian Intelligent Logistics Tech Corp Zeek Completes New Round Of Funding
09/29/21, 11:54 AM
Southeast Asian Intelligent Logistics Tech Corp Zeek has raised US$7 million in a new round of funding, after the company acquired a Pre-A series funding of US$10 million last year. The latest funding in the second quarter of the year was backed by existing investors, joined by new investors including Far East Consortium International Limited (HKSE: 0035), iClick Interactive Asia Group Limited (NASDAQ:ICLK), and Malaysian Property Group Pacificland (Land Pacific Development), among others. With a total funding of US$25 million Zeek has raised, the company's valuation has more than doubled since last year. The new funding will be used for product enhancement, Southeast Asian markets expansion, and speeding up the partnership with clients in their evolution to the Quick Commerce (Q-commerce) era, an emerging market worth more than US$26 billion.
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Asian Intelligent Logistics Tech Corp Zeek