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

Nov 03, 2021•over 3 years ago

Amount Raised

$2 Million

Round Type

pre-series a

Description

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 Information

Company

U Parcel

About

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.