Thailand, watch out for APX Logistics Solutions! This logistics startup just raised new funding.

Investor check. Japan’s SBI Ven Capital through its joint fund with NTU Singapore’s NTUitive and South Korea’s Kyobo Securities.

• Last year, they shared that they raised funding in pre-Series A funding led by ORZON Ventures.

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🚛 Let’s car-go

Founded in 2019, they allow you to deliver door-to-door nationwide through their network through air, ocean, and land.

• They have modern platform for less-than-truckload (LTL) and palletized cargo services.

They’ve even built an AI-driven freight management system named Palli.

• The system uses proprietary data and algorithms to optimize truck-loading plans and optimize the movement of assets APX’s logistics partners in Thailand, Malaysia, Singapore, and Europe.

The goal? Build a connected truck transport network in Thailand and the ASEAN region to improve logistic efficiency.

• This also brings down CO2 emissions and the number of trucks needed on the road in the long run; the system measures and tracks the emission impact within its overall network, actively making route recommendations to help reduce fuel consumption and carbon footprint.

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🌎 All over the world

They expanded into Malaysia, Singapore, and Europe in 2024. By 2025, they plan to expand to Vietnam.