Shipping logistics start-up Haulio secures S$1 mil in seed funding

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SINGAPORE (May 23): Haulio, a Singapore-based container haulage start-up, has raised S$1 million in seed round investment, following its pre-seed round of S$75,000, which marks the company’s sole prior funding round.

The latest seed round investment is led by PSA International’s corporate venture capital arm PSA unboXed, which previously incubated Haulio; 500 Startups from Silicon Valley; NUS Enterprise, the entrepreneurial arm of National University of Singapore (NUS); and several logistics industry angel investors.

Both PSA unboxed and NUS Enterprise are returning investors, which led...(click on link for full story on theedgesingapore.com)