Hong Kong-based cross-border e-commerce logistics startup Jumppoint has secured an additional US$3.5 million in Series A+ funding, bringing its total funding to US$20 million.
The news round was led by returning investor MindWorks Capital, with participation from other investors, including IMM Global, Headline Asia, the Hong Kong Government, Beyond Ventures, Chinachem Group, and Boon Ventures.
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The funding will be used to scale Jumppoint’s AI-driven logistics platform, expand its regional network, and enhance its service offerings. This strategic allocation aims to drive the company towards profitability in the near future and solidify its presence in Southeast Asia’s rapidly evolving logistics landscape.
Jumppoint aims to tackle the fragmentation, high costs, and complexity that plague Southeast Asia’s logistics landscape. Traditional logistics giants have often prioritised Western markets, leaving a gap in efficient and affordable solutions for intra-Asia and China-to-Southeast Asia trade lanes. Jumppoint steps in to fill this void with its technology-driven platform that connects drivers, warehouses, airlines, and customs brokers into a seamless ecosystem.
The startup offers a 48-hour end-to-end logistics network that “significantly” reduces costs and improves efficiency for e-commerce merchants. By optimising routing and resource allocation with AI algorithms, Jumppoint claims to achieve over 50 per cent cost savings and 40 per cent faster deliveries. Its integrated operations streamline customs, order tracking, and delivery processes, simplifying supply chain management for businesses.
The company boasts a network spanning 192 countries and has served over 6,000 businesses, ranging from independent e-commerce sellers to large-scale merchants.
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Southeast Asia, home to 675 million people, presents a lucrative opportunity for e-commerce merchants. However, navigating the region’s logistical hurdles requires innovative solutions like those provided by Jumppoint. CEO Samson Ho believes that Jumppoint is well-equipped to capitalise on this burgeoning market: “By combining AI-driven technology with an asset-light model, we’re enabling merchants to overcome regional logistics challenges and unlock Southeast Asia’s immense consumer potential. This latest funding positions Jumppoint to continue scaling while advancing toward profitability, setting the stage for long-term success in the cross-border logistics market.”
With the global cross-border e-commerce market projected to grow at a CAGR of 25.4 per cent through 2030, Jumppoint appears poised to play a pivotal role in facilitating seamless and efficient trade within Southeast Asia and beyond.
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