A month after reports suggested Ninja Van had raised $124m in series D funding from several corporates, the company confirmed it actually secured $279m.

Singapore-based logistics service provider Ninja Van has collected $279m in series D funding from a consortium led by logistics service provider GeoPost, the company revealed today.

Mapping software producer Carmenta, ride hailing service Grab and telecommunications firm Intouch Holding all contributed to the round, as did B Capital, Monk’s Hill Ventures, Golden Gate Ventures Growth Fund and two unnamed sovereign wealth funds.

Reports last month suggested Ninja Van had secured $124m in series D funding led by Brunei sovereign…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.