Unbox Robotics bags US$1.2M pre-Series A funding
Investors: Beenext, Karthik Bhat (Founder of Ubiquity), WEH Ventures, and Redstart Labs participated in the round alongside existing backers Arali Ventures, SOSV (and its accelerator HAX), and Entrepreneur First.
About Unbox Robotics: Unbox Robotics offers “software-defined” robotics solutions that help logistics players automate and improve their on-demand operations. The India-based company plans to use the fresh funds to help onboard new clients and develop its platform.
“Currently, we are closely working with six e-commerce and logistics enterprises in India, Southeast Asia, and the US to deploy our solution in the next twelve months and earn seven-figure revenue figures,” said Pramod Ghadge, CEO of Unbox Robotics.
AfterShip snags US$66M in Series B funding led by Tiger Global
Investors: Hillhouse Capital’s venture arm GL Ventures joined Tiger Global in the fundraise.
About AfterShip: The Hong Kong-based company offers a suite of automation tools to help businesses with sales, marketing, order management, and shipment tracking. AfterShip said it will channel the fresh funds to expanding its team, develop new e-commerce products, and continue its expansion into the US market.
Currencycloud sets up APAC headquarters in Singapore
The story: Located in downtown Raffles Quay, the new office will serve as a hub to drive the London-based fintech’s expansion throughout the wider region. Currencycloud also expects to hire a “double-digit” number of employees by the end of 2021 and is applying for a license with the Monetary Authority of Singapore (MAS).
About Currencycloud: The company provides B2B embedded cross-border solutions and currently works with fintech companies including NIUM and Wallex. Currencycloud claims it processes over US$3 billion in international payments each month.
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