Supplytech startup Prozo raised $5.4 million in Pre-Series B led by Sixth Sense Ventures

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Supplytech startup Prozo raised $5.4 million in Pre-Series B via a combination of equity and debt financing led by Sixth Sense Ventures where JAFCO Asia and other investors also participated.

The startup will use the fresh funds to expand its client base, warehousing and logistics network, and deepen its Prozo Warehousing & Logistics (“PWLP”) SaaS platform. Through its network of 30 omni-channel fulfilment centres spread across 12 locations, the startup currently provides supply chain services to nearly 100 brands. The startup claims to have seen its warehousing footprint and client base grow by 10X since its last funding round

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Supplytech startup Prozo raised $5.4 million in Pre-Series B led by Sixth Sense Ventures

Supplytech startup Prozo raised $5.4 million in Pre-Series B via a combination of equity and debt financing led by Sixth Sense Ventures where JAFCO Asia and other investors also participated.

The startup will use the fresh funds to expand its client base, warehousing and logistics network, and deepen its Prozo Warehousing & Logistics (“PWLP”) SaaS platform. Through its network of 30 omni-channel fulfilment centres spread across 12 locations, the startup currently provides supply chain services to nearly 100 brands. The startup claims to have seen its warehousing footprint and client base grow by 10X since its last funding round

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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