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Singapore Based Ai Logistics Platform, Uparcel, Raises $2M In Pre-Series A Funding

Singapore Based Ai Logistics Platform, Uparcel, Raises $2M In Pre-Series A Funding

11/03/21, 9:35 AM
Money raised
$2 million
Round Type
pre-series a
uParcel, a regional AI-technology driven same-day delivery platform headquartered in Singapore, announced today that it has secured S$2 million Pre-Series A funding from billionaire deep-tech technopreneur Dr Shi Xu.

Company Info

Company
U Parcel
Additional Info
uParcel is Singapore's technology driven same day delivery platform that has planned, matched and optimised millions of deliveries. Backed by data and a decentralised distributed model, uParcel provides point to point delivery without asset heavy centralised sorting infrastructure. Deliveries are clustered by proprietary algorithms and efficiently matched to vast network of delivery partners dynamically. uParcel has presence in Singapore and Malaysia. Please visit https://www.uparcel.sg for more information about uParcel.