Jalat Logistics team
Singapore-based early-stage VC firm Satori Giants has forayed into Cambodia with an investment in last-mile delivery service company Jalat Logistics.
This investment, made in partnership with Hong Kong’s X Venture Holdings (XVH), brings Jalat Logistics’s valuation to over US$1 million.
Jalat Logistics will use the fresh funds to expand its services vertically, scale warehouse operations, and prepare for international expansion.
Founded in 2021 by Sou Sethey, Sou Sreyphoung, and Ung Lylay, Jalat Logistics provides a management portal to streamline logistics operations and enhance service delivery. Phnom Penh-based startup ships inventory, optimises it intelligently across its networks, packs it according to brand identity, and delivers it to customers within four hours. According to Chairperson Sreyphoung, Jalat Logistics aims to introduce standard same-day delivery that is “reliable, convenient, and informative”.
Also Read: ‘Founders in SEA should connect with global startup hubs’: Miguel Encarnacion of Unifier Ventures
Founded in November 2023, Satori Giants blends venture capital with venture studio practices, focusing on high-potential markets in Southeast Asia. It provides capital, resources, networks, and expertise to help launch and grow successful ventures. Led by Riz Aslam, Max Thornton, Dominic Kalousek, Tan Ser Chhay, and Tommy Sim, the team has over 50 years of combined experience in business development and sales across the UK, the US, the UAE, Singapore, Japan, Korea, and Southeast Asia.
“We invest in ambitious founders, SMEs, and technology-driven companies that are revolutionising old business practices,” said Riz Aslam, CEO of Satori Giants.
Satori Giants previously backed Gamlytics, an e-sports analytics company based in Singapore. The B2B platform developed by Gamlytics offers advanced tools to enhance player performance, strategise gameplay, and optimise team compositions for esports teams across Asia, Europe, and the Americas.
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Image credit: Jalat Logistics
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