Funding for Filipino Startup Expedock Raised Nearly ₱1 Billion

The Filipino-founded startup, Expedock, has raised more than $13.5 million (₱754 million) from Series A funding.

With nearly ₱1 Billion in funding, Expedock has been actively raising funds since it was founded by a trio of 20-somethings, two of whom are Filipino.

For a startup facing so much competition in the market, the lump sum was made possible by big companies, such as:

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  • Pear and Neo through Insight Partners
  • eBay
  • Meta
  • Salesforce
  • Clearmetal
  • Project44 through their respective executives
  • Motion Ventures through HHLA
  • Wilhelmsen
  • MOL.

The health crisis has slowed down the global supply chain, and enterprises are scrambling to get things back on track. As a result of its innovative solutions that utilize automation and artificial intelligence to handle large data, Expedock comes at an opportune time to boost the global system, which has become sluggish.

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