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Southeast Asia Logistics Pioneer Zeek Raises US$10 Million Funding Despite Market Adversity

Dec 18, 2020•almost 5 years ago

Amount Raised

$10 Million

Description

Zeek, the Southeast Asia-focused logistics technology startup, announced today that it has secured approximately US$10 million in Series Pre-A financing from regional strategic investors and investment funds. The new funding will be used by Zeek for further expansion in Southeast Asia markets, enhancement and refinement of logistics management technology and data analytics applications. The latest round of financing takes Zeek’s total funding raised to around US$15 million up to date from investors that include: SF Holding (SZSE: 002352), Chinachem Group, Philippines KHO Group family, Dr. Lee Ka Kit, Chairman and Managing Director of Henderson Land (SEHK: 0012) in private investment, the Innovation and Technology Venture Fund Corporation of the Hong Kong SAR Government, HKSTP Ventures, Elite Time Limited, Radiant Tech Venture Fund LP, Caelus Asset Management, SQ Capital Ventures etc

Company Information

Company

Zeek

About

Zeek is a data-driven intelligent logistics technology platform in Asia that provides one-stop O2O last-mile delivery solutions for F&B, lifestyle and FMCG merchants in Southeast Asia. Founded in Hong Kong by Kin Shun Information Technology Limited in 2017 with a team of experts from the logistics, Internet and F&B industries, Zeek has grown to be one of the leading logistics players in Southeast Asia and has expanded its business presence in Singapore, Malaysia, Thailand and Vietnam and is planning to set foot in Taiwan, the Philippines and Indonesia.

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