Tech Company Financing Transactions

Blitz Funding Round

Blitz secured a $1.6 million Seed funding round on 3/19/2024. Backers included ADB Ventures, Iterative and Third Derivative.

Transaction Overview

Company Name
Announced On
3/19/2024
Transaction Type
Venture Equity
Amount
$1,600,000
Round
Seed
Investors

ADB Ventures (Lead Investor) (Charles Navarro)

Iterative

Third Derivative

Proceeds Purpose
The latest fund injection accelerates Blitz's expansion across Indonesia, strengthening its position as the country's leading EV logistics enabler.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
Jl. RS. Fatmawati Raya No. 23 A-B, Cipete Selatan, Cilandak
Jakarta, 12420
Indonesia
Email Address
Not Recorded
Overview
Blitz is dedicated to reshaping the logistics sector through sustainable and efficient delivery services. Our goal is to drive industry-wide transformation by prioritizing environmental sustainability and operational excellence. Join us in forging a new era of logistics solutions tailored to your business needs.
Profile
Blitz LinkedIn Company Profile
Social Media
Blitz Company Twitter Account
Company News
Blitz News
Facebook
Blitz on Facebook
YouTube
Blitz on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Saivya Chauhan
  Saivya Chauhan LinkedIn Profile  Saivya Chauhan Twitter Account  Saivya Chauhan News  Saivya Chauhan on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/19/2024: G2 Reverse Logistics venture capital transaction
Next: 3/19/2024: HyperPlay venture capital transaction

 

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