Shippio Inc., a company promoting trade digital transformation, has raised a total of 3.24 billion yen in its Series C round, with DNX Ventures as the lead investor and new underwriters including Suzuyo Co., Ltd. and New Commerce Ventures Co., Ltd., as well as 1.87 billion yen in equity financing, and 1.37 billion yen in debt financing from financial institutions. This brings the total amount raised to approximately 7 billion yen. The funds will be used for product development, business expansion including M&A, and organizational development, further accelerating trade digital transformation in order to realize the vision of “Advanced International Logistics.”
For Japan, an island nation, trade and international logistics are social infrastructure that supports all industries. Import and export volumes are expanding due to factors such as the rise of e-commerce, with the number of customs clearance permits increasing eightfold between 2016 and 2024. However, analog and personal business practices remain deeply rooted in the logistics workplace.
In addition, unpredictable geopolitical risks such as Trump tariffs and the situation in the Middle East are increasing uncertainty in the supply chain and making the future of trade unclear.
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Shippio is a platform that centralizes automatic cargo ship tracking, smooth communication between stakeholders, and trade data analysis, supporting quick management decisions to adapt to change.
Shippio will promote the accumulation and utilization of data surrounding trade, and establish a comprehensive trade platform that covers logistics, commercial flow, and financial flow. Specifically, the company aims to achieve continuous doubling of net revenue (gross profit) and handle 30% of cargo departing and arriving in Japan (5.4 million TEUs per year) on the Shippio Platform by 2030. With the funds raised this time, the company will focus on the following initiatives.
SOURCE: PRTimes

