A pre-seed fundraising round headed by Genesia Ventures and included Antler raised US $785,000 for Wareflex, a Vietnamese on-demand storage platform.
The firm will utilize the additional funding to grow its personnel and build its platform.
Different kinds of flexible warehouses are offered by Wareflex through a B2B marketplace approach. Additionally, it provides a SaaS supply chain solution to clients so they may streamline their operations.
The business said in a statement that it has a network of more than 100 warehouses throughout Vietnam, including general warehouses, cold storage facilities, open yards, and e-commerce fulfilment centers.
CEO Rajnish Sharma and Chief Business Officer Rodolfo Davariz established the company in 2022. More than 15 years of expertise in the supply chain business have been accumulated by both executives.