Logistics startup Locad raises $9M to expand into the Middle East and boost AI capabilities.

Logistics startup Locad raised $9 million in pre-Series B funding, co-led by Global Ventures and Reefknot Investments. The funds will support its expansion into the Middle East and enhance AI capabilities. Locad's platform integrates with major e-commerce sites to optimize logistics for over 300 brands in Southeast Asia and Australia.

November 20, 2024
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