The logistics services provider has added $50m to its latest round, which is already backed by SoftBank, Emtek, Oko Markets and EV Growth.

Indonesia-based logistics services provider Waresix has expanded a series B round already featuring corporates SoftBank, Emtek and Oko Markets to nearly $124m, DealStreetAsia has reported.

Investment firm Tiger Global Management led the round’s latest tranche, which was sized at $50m and which came after rofessional services firm Oko Markets, Legend Power Developments and Gan Inovasi Solusindo added $1.9m in February 2021 to bring the round to almost $74m in size.

Founded in 2017, Waresix runs an online platform connecting transport…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.