Waresix receives additional series A delivery

Jan 15, 2020 • Bjorn Sunde

The logistics company has received $11m in a series A extension, bringing the Sinar Mas-backed round to $25.5m.

Indonesia-based warehousing service provider Waresix has added $11m to its series A round, already backed by diversified conglomerate Sinar Mas, to bring the round total to $25.5m, e27 reported yesterday.

East Ventures’ EV Growth Fund and Jungle Ventures provided the extension, which followed a $14.5m first tranche featuring Sinar Mas Digital Ventures, the investment arm of Sinar Mas, in July 2019. EV Growth led the initial tranche, while Jungle Ventures also participated.

Founded in 2017, Waresix offers logistics services…

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