DealStreetAsia
Singapore-based logistics startup Moovaz has officially announced that Quest Ventures led its $7 million Series A round that was announced earlier with Supply Chain Angels, SGInnovate, other strategic investors as well as earlier convertibles.
According to an announcement, Quest Ventures’s latest fund which is participating in the Moovaz investment is backed by institutional investors that include the sovereign wealth funds of Singapore and Kazakhstan.
Founded in 2017 by Lee Junxian and Jerry Chua, Moovaz specialises in relocation, logistics, freight and also warehousing solutions.
Using smart technology and through its global network of over 2,000 certified partners, Moovaz is designed to offer customers an unprecedented level of transparency and open access to global mobility services worldwide.
