NXTP Ventures Leads a R$6m Seed Investment in Kangu (em português)
Summary
Headquartered in Sao Paulo, Kangu was founded in March 2019 by Ricardo Araujo, Marcelo Guarnieri and Celso Queiroz, all experienced logistics executives who were previously Senior Directors at Rapidao Cometa, building the company into one of the largest transporters and 3PLs in Brazil before its sale to FedEx. This investment comes at a very important moment of our growth, as we will be able to improve our services and accelerate the expansion to other cities,” commented Marcelo Guarnieri, co-founder of Kangu. Ricardo, Marcelo, and Celso are unique logistics talents who are building a differentiated e-commerce infrastructure solution that is highly sought by customers,” said Darly Bendo, Investment Director at NXTP Ventures. “The market for Kangu’s services is large and growing with high inefficiencies, and we strongly believe Kangu is well positioned to capture this growth.” “Kangu has identified an opportunity to provide a better customer experience and higher operating efficiency for all stakeholders in the supply chain,” highlighted Alex Busse, Investment Director at NXTP Ventures. We partner with high-impact, visionary founders early on as one of the first sources of institutional funding to help build their companies into market leaders with long-term competitive advantages.