Expedock, a Philippine-headquartered AI-based outsourcing services provider for logistics and freight providers, has raised $1.15 million in its pre-seed funding led by Tencent Holdings co-founder Liqing Zeng.
Local venture capital firm Kickstart Ventures, Bain Capital, FourthRealm, PearVC, and angel investors have also participated in the funding round for the startup that uses AI to turn pre-shipment data – such as bills of lading, airway bills, invoices, packing lists, etc. – into structured data.