Hong Kong-based logistics tech company Jumppoint has raised an additional US$3.5 million in series A+ funding, bringing the total funding to US$20 million.

Led by MindWorks Capital, the funding will help Jumppoint expand its AI-driven logistics platform and regional network.

The company aims to increase profitability while addressing logistical issues in Southeast Asia’s ecommerce market.

Jumppoint states its platform integrates over 50 logistics partners to improve cost efficiency and delivery times.