New funding to invest in product development,
talent acquisition, and global expansion, advancing
supply chain sustainability
TAIPEI, Aug. 6, 2024
/PRNewswire/ -- BBTruck, a global leader in supply chain and
logistics technology, announces the successful closure of its
pre-series A funding round. Spearheaded by Oasis Venture, H2U
Corp., and StarWorks Entrepreneurial Venture Capital, this round
has brought BBTruck's total funding to $6.5
million.
This new capital infusion will accelerate BBTruck's global
market expansion, particularly in North
America and Southeast Asia,
and bolster product development and talent acquisition initiatives.
BBTruck aims to revolutionize supply chain logistics with its
cutting-edge technology, aspiring to create a comprehensive global
logistics technology ecosystem.
"From day one, BBTruck envisions a global logistics technology
ecosystem that ensures flexibility and efficiency. We are excited
to have the support of such esteemed investors as we embark on this
next phase of growth," said Steven
Chou, CEO and co-founder of BBTruck. "This funding will
enable us to enhance our technology offerings and expand our
presence in key markets, allowing us to better serve our clients
and fully transform the logistics industry."
Building a Global Logistics Technology Ecosystem
Founded in 2019, BBTruck addresses the fragmentation and
integration challenges inherent in traditional logistics. The
company offers a one-stop B2B supply chain logistics platform that
enables precise capacity calculation and allocation. BBTruck's
platform aims to make logistics management more transparent and
efficient. To date, BBTruck has served over 50 international
enterprises across diverse industries, including top server
providers, renowned Japanese automation and electronics
manufacturers, global tire industry giant, major Japanese
international logistics brand, and Taiwan's top home delivery service.
The pre-series A funding will enable BBTruck to focus on three
key areas – accelerating expansion into North America and Southeast Asia, including Vietnam, Malaysia, Singapore, Thailand, and Indonesia; enhancing technical capabilities in
capacity data analysis and integration; and recruiting top talent
to grow its team. The company aims to build a transparent and
shared global logistics ecosystem that provides enterprises greater
flexibility in managing their supply chain logistics.
Innovative Solutions for Enhanced Logistics Efficiency and
Flexibility
Taiwan's logistics sector
suffers from inefficiencies due to reliance on manual processes and
phone orders, leading to frequent empty return trips. BBTruck
bridges this gap with its transparent logistics management
platform, which integrates crucial data on truck sizes, devices,
real-time orders, capacity, and addresses. By leveraging big data
analysis, BBTruck's platform automatically allocates the most
suitable transport fleet, maximizing logistics resource efficiency,
cutting empty truck rates by nearly 75% and improving order
placement and cargo tracking efficiency by over 40%, resulting in
significant cost savings for customers.
Additionally, BBTruck offers a real-time cloud data center that
lets enterprises monitor capacity data, track shipments, and view
routes via an intuitive user interface. The platform's API
integration facilitates seamless data exchange across multiple
carriers and freight companies, streamlining orders placement,
shipments tracking, and document retrieval from a single interface.
This integration significantly reduces manpower costs and enhances
the overall logistics experience.
Championing Sustainable Logistics
In line with the global goal to achieve net-zero carbon
emissions by 2050, BBTruck is dedicated to promoting sustainable
logistics. Acknowledging the environmental impact of logistics and
capacity waste, BBTruck employs innovative technology to drive
efficiency and sustainability. Certified under Taiwan's ISO 14067 standard for product carbon
footprint, the BBTruck platform utilizes big data to optimize
transport efficiency and reduce carbon footprints, assisting
enterprises in achieving carbon-neutral logistics and fostering
sustainable supply chain development."
BBTruck is also advancing its logistics data carbon auditing,
allowing enterprises using its solution to access carbon emission
data for external logistics providers under Scope 3 of the GHG
Protocol. This facilitates their transition to greener practices
and offers a competitive advantage in sustainable supply chains.
Looking ahead, BBTruck will continue to harness innovative
technology to enhance transportation efficiency, reduce carbon
emissions, and promote sustainability in logistics, paving the way
for a more sustainable future.
About BBTruck
Founded in 2019, BBTruck is a pioneering one-stop platform for
supply chain and logistics technology. Our mission is to build a
transparent, shared global logistics ecosystem that simplifies
supply chain management. As a leader in logistics technology,
BBTruck uses cutting-edge solutions for precise capacity
calculation and allocation, ensuring efficient, flexible, and
sustainable logistics. Since launch, BBTruck has served over 50
top-tier enterprises in technology, healthcare, international
logistics, and retail. BBTruck is also the first to achieve
carbon-neutral transportation, driving the green logistics
revolution and advancing toward a zero-carbon future.
For more information, visit BBTruck's official website:
https://bbtruck.cc/index_en.html
View original content to download
multimedia:https://www.prnewswire.com/news-releases/bbtruck-extends-pre-series-a-funding-to-over-6-million-to-drive-global-expansion-302215382.html
SOURCE BBTruck