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Malaysia's GoLog hits minimum crowdfunding target; continues to rise as more investors join in

GoLog's equity crowdfunding (ECF) campaign to end in 28 days.


Malaysia's GoLog hits minimum crowdfunding target; continues to rise as more investors join in | BEAMSTART News

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GoLog, a Malaysian startup company providing cold-chain logistics services, has successfully hit the minimum fundraising target for their equity crowdfunding campaign.

The company kicked off the fundraising campaign back in March, opening the opportunity for the public to own shares in the company.

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Key Highlights

  • GoLog has just reached their minimum fundraising target of RM250,000, with more investors still joining the round.
  • As of today, GoLog's total raised for the campaign stands at RM 427k (USD $104k).
  • GoLog's campaign will last for another 28 days before the round is closed.
  • GoLog expects to draw in RM 11 million (USD $2.67 million) in revenues this year, and looks towards a public listing within the coming 3 years.

Why It Matters

  • Asia's cold-chain logistics industry is expected to become a $162 billion industry by 2026.
  • Since the company's founding back in 2017, GoLog has been growing at over 5X year-on-year.
  • The company has raised a total of 

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ABOUT THE AUTHOR

Alfred Lee

Journalist at BEAMSTART. I write about breaking business news in the region.

Based in Malaysia

Works at BEAMSTART

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GoLog

"Uber" for logistics. Sending everything with no weight limit, everything that fits into the car and operates 24/7

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