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SG AI logistics startup Go-Genie secures $3.9m for SEA growth
Singapore-based logistics tech startup Go-Genie secured a S$5 million (US$3.9 million) investment from RK Ventures, a subsidiary of Pan Pacific Leasing Group, which owns a 25% stake in the company.
This funding, finalized in December 2024, aims to support regional expansion and product development.
The company established in late 2023, has expanded its operations across Southeast Asia.
Go-Genie uses AI technology for route optimization and delivery automation, currently serving 200 enterprise clients.
The startup was founded by veterans in logistics and ecommerce, focusing on scalable solutions for supply chain management.
Update: (July 22, 8:33 p.m. SGT): This article was updated to clarify that the funding amount was in Singaporean dollars, not American dollars as indicated earlier.
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