Former Zalora, Grab execs' logistics startup Locad bags $11m in Series A funding

Former Zalora, Grab execs' logistics startup Locad bags $11m in Series A funding

Singapore-based logistics firm Locad on Monday said it has received $11 million in a Series A funding round led by Reefknot Investments, a VC fund anchored by state investor Temasek and logistics powerhouse Kuehne & Nagel.

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