Image credit: Secai Marche
Secai Marche, a B2B fresh food e-commerce platform headquartered in Tokyo, Kuala Lumpur, and Singapore, announced on Monday that it has secured additional 300 million yen (about $2.1 million) in its Series A funding round. This follows the company’s initial Series A round in January of 2023.
Investors participating in the latest round include Beyond Next Ventures, Spiral Ventures Asia, Mitsubishi UFJ Capital, Future Food Fund, Tsuneishi Corporation, Fukuoka Sonoriku, and Toru Yamamoto (CEO of Foodison). Both Beyond Next Ventures and Spiral Ventures Asia follow their previous investment.
Since its launch back in 2019, the company has been working to develop a fresh food supply chain in Southeast Asia, with a primary focus on Malaysia and Singapore. The company’s platform directly connects food producers with restaurants and retail outlets, enabling them to offer high-quality fresh produce at competitive prices. Currently, the platform features over 4,000 food items and serves more than 1,300 businesses. The company maintains an impressive 200% annual growth rate.
The newly raised funds will be used to expand the company’s fulfillment center to meet rapidly growing customer demands. Additionally, it will support improvements in AI-driven demand forecasting accuracy, automation and optimization of last-mile delivery, strengthening of the organizational structure, and expansion of marketing activities.
via PR Times
