Portcast secures US$ 6.5 mil series A funding led by Susquehanna Asia VC

Quick Summary:

Hearst Ventures, Signal Ventures, and existing investors participated in the round

Funding will accelerate product innovation, enable expansion into APAc region & Europe Portcast, the Singapore-based provider of real-time transportation visibility and predictive analytics, has announced that it has raised US$6.5 million (RM29 million) in a Series A funding round.

That’s why we are committed to building a product that not only uncovers risks in transport but, more importantly, automatically suggests actions to reduce freight costs and improve customer experience.”

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Article Details

Author / Journalist: Gerry Wong

Category: EconomyStartupsBusiness

Markets: MalaysiaSingapore

Topics: Actions Logistics Transportation Data Supply Global Visibility Actionable Company Improve Portcast

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 05:15:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: digitalnewsasia.com

Language: English

Article Length: 460 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Digital News Asia

News ID: 23689649

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About Digital News Asia

Main Topics: EconomyStartupsBusiness

Official Website: digitalnewsasia.com

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Year Established: 2012

Headquarters: Malaysia

News Last Updated: 11 hours ago

Coverage Areas: Malaysia

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