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Miguel Cordon · · 1 min read

East Ventures leads seed round of Indonesian logistics firm

Indonesia-based Superkul, a last-mile delivery firm focused on chilled products, has raised an undisclosed amount of seed funding in a round led by East Ventures.

(From left) Superkul CTO Chris Wiranata, marketing manager Eunike Yvonne Hanata, CEO Cathrine Susilowati Prajitno, and CFO Felix Sutanto / Photo credit: Superkul

Superkul offers a refrigerated delivery solution that keeps products in a Superkul Box that holds temperatures from -22 to 10 degrees Celsius. The startup also provides API integration with customers to enable delivery tracking, temperature monitoring, and payment support.

The firm was founded in 2020 by Chris Wiranata, Eunike Yvonne Hanata, Cathrine Susilowati Prajitno, and Felix Sutanto. Superkul said that since then, it has delivered over 4,000 items, including food, medical, and pharmaceutical products, from more than 231 clients.

The company will use the new funds to scale operations, expand its delivery fleet, make new hires, and bolster its digital platforms. It has operations in most metropolitan cities in Indonesia, mainly Jakarta and Bandung.

According to data from Allied Market Research, Indonesia’s cold chain logistics market was worth close to US$5 billion last year. It’s now expected to reach US$12.6 billion by 2031 with a compound annual growth rate of 10.2%.

See also: Southeast Asia’s funding landscape

Editing by Miguel Cordon and Lorenzo Kyle Subido

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Miguel Cordon

Finally updated my bio.