Global venture capital firm DCM led the investment, UniUni’s third funding round since last spring as demand for rapid e-commerce delivery grows. The Series C round brings its total fundraising to more than US$70 million. (The Logic)
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Global venture capital firm DCM led the investment, UniUni’s third funding round since last spring as demand for rapid e-commerce delivery grows. The Series C round brings its total fundraising to more than US$70 million. (The Logic)
Talking point: UniUni provides last-mile delivery for online retail giants including China-founded Shein and Temu. Having launched in 2019, the Richmond, B.C.,-based firm benefitted from the e-commerce sales bump through the pandemic and rising demand for fast fashion. The company says it delivers “tens of millions of parcels” in Canada and has more than 50 sorting facilities across North America, including in Los Angeles, New York, Dallas, Miami and Chicago. The firm said last year that it logged $52 million in revenue for fiscal 2023 and that its business in Canada was profitable. At the time, UniUni was planning an IPO for late 2025 or early 2026. The company did not immediately respond to The Logic’s request for comment.
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