Logistics tech startup Pickupp completes Series A+ funding co-led by Taiwan E-commerce giant PChome and Cornerstone Ventures, accumulated funds reached USD$15M

Kuala Lumpur, 5 July 2021 — Pickupp, the on-demand delivery and tech startup redefining logistics, today announced that it has successfully raised approximately US$15 million in Series A and Series A+ financing from regional strategic investors, after its first-round investment in November 2020. The series A+ round funding was led by Taiwan e-commerce giant PChome and Cornerstone Ventures, with participation from an existing investor, Swire Properties, and new investors including Cathay Venture Inc. and DRIVE Catalyst (the corporate venture arm of Far Eastern Group) from Taiwan and the Jardine Matheson Group and Zipx from Hong Kong. The company will accelerate…