DIGGIEPACKS raises $400,000 pre-Seed investment - Wamda
Summary
• The startup plans to use the funds to develop its technology, expand its footprint within the GCC market, and launch new services such as cloud fulfillment. DIGGIPACKS, an aggregator for both fulfillment & last-mile delivery for E-commerce businesses and retailers, has raised a $400K Pre-Seed funding round, from YOUXEL Ventures, OQAL, and other Saudi angel investors. Launched in 2020, DIGGIPACKS was founded by Hasan Jabarti & Amin Al-Atrash who have 20 years experience in the logistics, last-mile, cold-chain & fulfillment sectors, with the aim of making a footprint within the industry. The startup has already integrated with more than 30 last-mile companies in the market and is aiming to reach a number of 5 fulfillment centers by the end of 2021. The new investment round will enable DIGGIPACKS to further capitalize on and expand its technology, grow its network for fulfillment centers & delivery technology within the GCC market, and launch new services such as Cloud Fulfillment and a 4PL aggregator.