Jordan Gazette
  • Home
  • Jordan
  • Business
  • Lifestyle
  • Companies news
  • Submit A Press Release
Top Picks
Jordan

Jordan’s gov’t continues modernization path with ‘greater resolve’ – Jordan News | Latest News from Jordan, MENA

Minister of State for Public Sector Development, Dr. Khair Abu Sa’ilik, noted joint endeavors to…

Business

Hisense Scores with “BEYOND GLORY” Campaign, Elevating UEFA EURO 2024™ Viewing Experience

Dubai, United Arab Emirates- As official partner of UEFA EURO 2024™, Hisense, a global leader in…

Business

MENA’s leading gaming and esports agency, Power League Gaming, launches “Flux” to help brands enter the fast growing space with lower cost solutions

Power League Gaming [PLG] is MENA’s leading esports and gaming agency serving international and regional…

Important Pages:
  • Privacy policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest
Breaking News:
  • ACWA Power to showcase leadership in sustainable energy and water solutions at WETEX 2025
  • Amazon Egypt and Shark Tank announce strategic collaboration to help accelerate growth for local entrepreneurs
  • FootAR Showcased Augmented Reality at the SBC Summit Lisbon 2025
  • RAKEZ partners with Zhejiang Investment in China to strengthen digital trade growth
  • Ooredoo expands advanced cybersecurity services across its global footprint
  • ‘The Marq’ injects EGP 4bln to accelerate construction and deliver over 1,500 residential units during 2025–2026
  • Al Madinah playing a major role in the realisation of Saudi Vision 2030
  • ICOMM in collaboration with EDGE Entity CARACAL awarded landmark contract
Tuesday, September 30
Facebook Twitter Instagram Pinterest
Jordan Gazette
  • Home
  • Jordan

    Orange Jordan continues its global leadership in customer service with COPC Certification renewal

    In Line with Syria–Israel Agreement, Syrian Army Moves Toward Sweida – Jordan News | Latest News from Jordan, MENA

    In First Video Statement in Months, Abu Ubaida: We Are Ready for a Prolonged War of Attrition – Jordan News | Latest News from Jordan, MENA

    Gaza Health Ministry: Unprecedented Numbers of Starving People Arriving at Emergency Departments – Jordan News | Latest News from Jordan, MENA

    Trump: 10 More “Hostages” to Be Released from Gaza Soon – Jordan News | Latest News from Jordan, MENA

  • Business

    ACWA Power to showcase leadership in sustainable energy and water solutions at WETEX 2025

    Amazon Egypt and Shark Tank announce strategic collaboration to help accelerate growth for local entrepreneurs

    FootAR Showcased Augmented Reality at the SBC Summit Lisbon 2025

    RAKEZ partners with Zhejiang Investment in China to strengthen digital trade growth

    Ooredoo expands advanced cybersecurity services across its global footprint

  • Lifestyle

    Legends Charity Game in Lisbon to raise millions for charity

    Joel Corry and Imanbek to headline star-studded SBC Summit Opening Party

    Diriyah Company showcases world-class luxury hospitality offerings at ILTM Asia Pacific 2025

    Zulal Wellness Resort partners with Qatar Airways Privilege Club

    Apparel Group welcomes Off/Price to the UAE: A new retail destination for smart shoppers

  • Companies news

    ACWA Power to showcase leadership in sustainable energy and water solutions at WETEX 2025

    Amazon Egypt and Shark Tank announce strategic collaboration to help accelerate growth for local entrepreneurs

    FootAR Showcased Augmented Reality at the SBC Summit Lisbon 2025

    RAKEZ partners with Zhejiang Investment in China to strengthen digital trade growth

    Ooredoo expands advanced cybersecurity services across its global footprint

  • Submit A Press Release
Jordan Gazette
Home » Singapore’s Locad enters GCC market after securing $9 million pre-Series B
Business

Singapore’s Locad enters GCC market after securing $9 million pre-Series B

Facebook Twitter Pinterest WhatsApp
Share
Facebook Twitter LinkedIn Pinterest WhatsApp

Locad, the leading smart digital logistics engine empowering consumer brands with its Cloud Supply Chain-as-a-Service for global distribution, announces its $9 million pre-Series B fundraise. 

The round was co-led by Global Ventures and existing investor Reefknot Investments. Other participating investors include Sumitomo Equity Ventures and existing investors Antler Elevate; Febe Ventures; and JG Summit.

The new funding will accelerate Locad’s international expansion, starting with the UAE and Saudi Arabia in Q4 2024 as part of its ‘Grow Global, Go Local’ strategy for brands, and will also be used to enhance Locad’s AI-driven smart logistics capabilities. Locad is on a mission to build the supply chain infrastructure of modern commerce, connecting brands to consumers in growth markets with a global cloud supply chain as-a-service

Locad’s cloud supply chain enables smart digital logistics and open commerce for consumer brands through an integrated operating system and supply chain infrastructure as a service. Locad allows brands to connect all sales channels in e-commerce and retail to a single pool of inventory and a smart logistics network, managed through its Control Tower orchestration platform that provides real-time visibility, analytics, and AI-enhanced workflow automation. 

Constantin Robertz, CEO and Co-Founder of Locad, said:  “We are on a mission to enable smart digital logistics for consumer brands. Over the last four years we have built a cloud supply chain platform in APAC that allows brands to unify their omnichannel distribution and access localised fulfilment in growth markets of SEA and AU. We are now excited to take Locad global, opening our presence in the US and entering the GCC, to make it easier for brands to sell anywhere with a fully localised customer experience. 

Noor Sweid, Founder and Managing Partner of Global Ventures, commented: “We are delighted to lead Locad’s funding round. Locad’s innovative engine is transforming how brands manage their supply chains and enabling faster, more efficient customer reach—aligning with our thesis on the need for decentralised and resilient supply chains to meet today’s consumer demands. 

“Locad is a prime example of this shift—offering a localised, efficient solution that aligns with our vision for the future of supply chains.  We are confident Locad is well-positioned to capitalise on opportunities in rapidly evolving markets like MENA, embodying the future of agile and sustainable logistics.”

Marc Dragon, Managing Director of Reefknot Investments, commented: “At Reefknot, we are excited to co-lead this oversubscribed funding round and deepen our commitment to Locad as they expand their global reach and impact. Since our Series A investment, Locad has demonstrated a strong ability to execute, scaling their asset-light fulfilment model across markets in Southeast Asia, Australia, and China while continuously deepening their product capabilities with AI-driven features such as demand, inventory and carrier analytics & optimisation. 

We are confident that Locad’s global expansion, combined with their dedication to product, technology, and service quality and innovation, will create exceptional value for brands aiming to grow overseas and elevate their respective customer experience.”

Shrey Jain, Co-Founder and CTO of Locad, commented: “By integrating smart digital logistics with AI-driven insights, we empower brands to optimise their supply chains—placing inventory closer to demand, reducing delivery times, and enhancing customer satisfaction. This fundraise allows us to double down on building a robust, tech-enabled logistics ecosystem that drives efficiency and helps brands thrive in an increasingly dynamic commerce landscape.”

Jannis Dargel, Co-Founder and COO of Locad, commented: “For brands, unifying inventory across sales channels in ecommerce and retail leads to higher revenue and faster sell-through, and localised fulfilment and delivery allows brands to increase conversion rates and improve customer experience.” 

Since its 2023 Series A round, Locad has made significant strides in expanding its market presence and refining its platform. The company now supports over 300 consumer brands across Southeast Asia and Australia, providing smart digital logistics solutions to enhance operational efficiency and customer experience. Locad’s logistics engine integrates seamlessly with leading e-commerce platforms such as Shopify, Shopee, Amazon, and Tiktok, enabling brands to optimise their inventory and delivery management across diverse sales channels. The global expansion to the GCC and USA opens additional markets for brands that leverage Locad’s platform to expand their distribution. The company’s unique approach to logistics—localising warehouses to reduce delivery times and costs, combined with an AI-powered platform that optimises inventory allocation and carrier selection—has positioned it as a preferred logistics partner for consumer brands looking to scale in rapidly growing markets. The benefits for consumer brands are multiple: Enhanced logistics allows brands to manage omnichannel commerce via an integrated software and physical logistics network. Their growth is then supported across multiple channels, with new market entries enabled and higher customer satisfaction via faster, more reliable delivery options.

Share. Facebook Twitter Pinterest LinkedIn WhatsApp

Related Posts

Business

ACWA Power to showcase leadership in sustainable energy and water solutions at WETEX 2025

Business

Amazon Egypt and Shark Tank announce strategic collaboration to help accelerate growth for local entrepreneurs

Business

FootAR Showcased Augmented Reality at the SBC Summit Lisbon 2025

Business

RAKEZ partners with Zhejiang Investment in China to strengthen digital trade growth

Business

Ooredoo expands advanced cybersecurity services across its global footprint

Business

‘The Marq’ injects EGP 4bln to accelerate construction and deliver over 1,500 residential units during 2025–2026

Business

Al Madinah playing a major role in the realisation of Saudi Vision 2030

Business

ICOMM in collaboration with EDGE Entity CARACAL awarded landmark contract

Top Stories
Business

3DXB Group Highlights Positive Outlook In UAE Construction Sector With Advanced 3D Printing Solutions

3DXB Group, a pioneering leader in 3D printing solutions for the construction industry, is poised…

Companies News

Asia could outstrip Europe as key beneficiary of U.S. capital flight: Raychaudhuri

Even though U.S. equities have recovered from the steep losses suffered in the week following…

Lifestyle

A Gift of Enduring Spirit: Liu Shiming Art Foundation Announced Sculpture Donation to AUC

The Liu Shiming Art Foundation announced the donation of a sculpture called “Silk Road” by…

Business

talabat UAE joins hands with trusted charity partners to launch several Ramadan campaigns

talabat UAE, the leading online food delivery and q-commerce platform, announces various charitable initiatives customers…

Business

10 Korean STEM Fellows Engage with UAE National Experts on Future Cooperation

Abu Dhabi, May 14, 2025 – South Korea and the United Arab Emirates (UAE) brought…

Stay In Touch
  • Facebook
  • Twitter
  • [Action required] Your RSS.app Trial has Expired.

    Your trial has expired. Please update your subscription plan at rss.app. - (S6V1iw0oBWx1zwDJ)

Stay informed with Jordan Gazette, your trusted source for comprehensive news coverage, insights, and analysis from Jordan and beyond. Explore the latest developments, diverse perspectives, and engaging stories that shape our community and world.

Facebook Twitter
Categories
  • Business (433)
  • Companies News (500)
  • Jordan (83)
  • Lifestyle (100)
Most Popular
Business

42 Abu Dhabi Opens Applications for its May 2024 Intake to Aspiring Coders in the UAE

Companies News

Horizon International School Awarded Platinum in Best Schools to Work Programme

© 2025 Jordan Gazette.
  • Homepage
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.