Naver’s startup incubation organization, D2SF (D2 Startup Factory), announced on the 19th that it has made a follow-up investment in ‘Techtaka’, a logistics IT startup that made a seed investment in 2020.
Techtaka’s Series A investment, which took place 15 months after founding the company and 1 year after attracting seed investment, is 12.5 billion won. Naver, Murex Partners, Mirae Asset Capital, and DSC Investment participated in this investment.
Techtaka developed ‘ARGO’, a data-based integrated logistics IT platform. We have also developed various IT systems necessary for e-commerce logistics, such as commerce management system, order management system, warehouse management system, and transportation management system, and these systems are organically linked to the ARGO platform at all stages from product registration to ordering and delivery. data is automatically linked. This allows e-commerce sellers to focus more on marketing and sales.
Techtaka has already signed contracts with various logistics companies, including Market Curly, Samyoung Logistics, and Team Fresh. As the e-commerce market grows, competition within the logistics industry for differentiated delivery services is also fierce, and Techtaka is growing by rapidly achieving major achievements such as product development, securing customers, and attracting investment.
Techtaka’s founding team, including CEO Yang Soo-young, have experience successfully leading logistics IT projects at Coupang, UPS, etc. Using this investment as a stepping stone, Techtaka plans to actively recruit and speed up technology development and business operations.
Yang Sang-hwan, leader of Naver D2SF, said, “Within 15 months of being founded, Techtaka has independently developed and commercialized several logistics IT systems and a platform that integrates them, and has proven its marketability by successfully securing customers.” He added, “Techtaka’s first institutional investor and strategic leader. “As an investor, I look forward to future synergies,” he said.
Sooyoung Yang, CEO of Techtaka, said, “Most of the logistics industry still relies on Excel and manual work, and there are many attractive problems that can be solved with algorithms, such as bin packing, routing, demand forecasting, and workload management.” He added, “Through this investment, we can create data-based solutions.” “We will increase the completeness of e-commerce logistics automation and introduce a logistics system optimized for this.”
Meanwhile, since its launch in 2015, Naver D2SF has been promoting exchange and cooperation by investing in early stage startups in various technology fields. We are actively participating in follow-up investments in startups we have already invested in, and the results of our cooperation with Naver are also steadily increasing. We are currently recruiting new investment teams through our website.
Source: Pangyo Techno Valley Official Newsroom
→ Go to ‘Asia Innovation Hub Pangyo Techno Valley 2021’ news