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Philippine Logistics Startup Locad Secures $9M to Grow Globally

Emmanuel Lynx by Emmanuel Lynx
December 1, 2024
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Philippine-based logistics startup Locad just scored a $9 million funding round, proving it’s ready to play in the big leagues.

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The company has its sights set on the Middle East, targeting the UAE and Saudi Arabia.

Backed by Global Ventures, Reefknot Investments, and other heavyweights, Locad is gearing up to deliver seamless e-commerce logistics in markets that demand the best.

Cloud-Based and Crushing It: Locad Isn’t Here to Play Nice

Since its founding in 2020, Locad has been the go-to for e-commerce merchants needing smarter supply chain solutions.

Its cloud-based platform consolidates inventory from multiple sales channels, making life easier for businesses and their customers.

With this fresh injection of funds, Locad is supercharging its AI-driven logistics tools, ensuring it stays ahead of the curve.

Already operating in 10 markets across Asia-Pacific and the US, Locad is ready to show the Middle East what it’s made of.

Because Borders Are So Last Season—Locad Takes Pinoy Brands Global

Locad’s success isn’t just about growth—it’s a win for the Philippine startup scene.

With six fulfillment centers across the country, Locad is empowering local brands to reach international markets with ease.

Its borderless trade solutions are setting the stage for Filipino businesses to take on the world.

With $9 million in the bank and a global vision, Locad is proving that Filipino startups aren’t just catching up—they’re leading the charge.

The Middle East better be ready for a logistics game-changer straight out of the Philippines.

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Emmanuel Lynx

Emmanuel Lynx

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