TechCrunch Startup News

African logistics startup Lori Systems raises Series A led by Chinese investors

3 min • 12 november 2019
African on-demand trucking logistics company Lori Systems has raised a Series A round led by Chinese investors Hillhouse Capital and Crystal Stream Capital. Other participating investors included Nigeria and U.S.-based EchoVC, Flexport CEO Ryan Petersen and Nigerian founder Iyinoluwa Aboyeji. Lori Systems is not disclosing the amount of the Series A. DealStreet Asia reported the round amount at $30 million earlier Friday, but Lori Systems’ CEO Josh Sandler would not confirm that.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Senaste avsnitt

Podcastbild

00:00 -00:00
00:00 -00:00