Logistics solutions startup OpenPort closes Series A, to push into Indonesia

Logistics solutions startup OpenPort closes Series A, to push into Indonesia

Visual of OpenPort homepage. May 2016

Mobile logistics solutions provider OpenPort, which previously operated under the trade name of Kinabalu, has raised an undisclosed Series A round from Hong Kong-based SIG Susquehanna and Caldera Pacific Ventures.

Previously, OpenPort secured seed funding worth $600,000, with a bridge round that saw it raise $500,000. It has also received a grant from the Brunei Economic Development Board, in order to drive development of a business services centre in Bandar Seri Begawan. One of its seed investors is Gabriel Fong of venture builder Jaarvis Labs, who has also invested in logistics startup GoGoVan.

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