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The Venture Codex

Logistics Innovation Fund

1-34-5 Higashi Ikebukuro, Toshima-ku, Tokyo, Toshima-ku, Japan

Overview

Logistics Innovation Fund was funded by Seino that is one of the biggest logistics comapany in Japan and Spiral Capital

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • OpenLogi

    Participated · Series D · Feb 2024

    OPENLOGI operates a logistics tech fulfillment platform offering pay-as-you-go pricing and networking of warehouse systems to aggregate capacity nationwide. The platform integrates via API with e-commerce platforms including Shopify, NextEngine, STORES, BASE and with Global-e for cross-border optimization. OPENLOGI reports approximately 13,000 installed accounts as of January 2024. The company plans to expand its warehouse network, accelerate software product development, and hire engineering and business talent. It aims to build a “whole product” logistics ecosystem and advance toward a “Physical Internet” linking logistics assets and data to address industry challenges such as the 2024 workforce issue. OpenLogi provides logistics outsourcing services for businesses. On July 25, 2017, Spiral Ventures Japan announced an additional investment in OpenLogi made through Spiral Ventures Japan Fund 1. The announcement links to a TechCrunch article for further details. The release does not disclose the size of the investment or the financing instrument. Spiral Ventures Japan LLP included contact information (phone and email) in the announcement for inquiries. No other investors or financial metrics are mentioned in the article.

  • 207

    Participated · Series A · Oct 2021

    207 operates a suite of products aimed at solving last-mile delivery challenges, including TODOCU Cloud (real-time parcel/status management), TODOCU Supporter (delivery-efficiency app) and the gig-enabled Sukimabin service. Its products provide real-time centralized delivery status, visualized destinations for drivers, OCR-based slip capture, and route-efficiency features for inexperienced drivers. The company plans feature additions to TODOCU, expanded functionality for TODOCU Supporter to centralize pickup operations, and API integrations between TODOCU Cloud and external logistics/shipper systems. 207 says it will use the new capital to accelerate product development, build external-system linkage, and strengthen hiring and organizational capabilities. The company was founded in 2018 and is headquartered in Meguro, Tokyo. Including this round, 207’s cumulative funding is approximately ¥580M.

Team

No current team members are available.