Emtek and SoftBank Ventures Asia participated in a series B round that lifted the logistics services provider's funding in the past year to roughly $100m.
Indonesia-based warehousing service provider Waresix closed a series B round today featuring media conglomerate Emtek and internet and telecommunications group SoftBank that took its funding to about $100m in the past year.
The round included EV Growth, a venture capital partnership between conglomerate Sinar Mas, internet company Yahoo Japan and VC firm East Ventures that Tech in Asia reported on Tuesday was set to be lead investor, while SoftBank took part through its SoftBank Ventures Asia unit.
Jungle Ventures, Pavilion…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
