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Singapore-based startup Parcel Perform has raised US$20 million in Series A Round

Parcel Perform, a Singapore-based leading parcel-tracking SaaS platform, has raised US$20 million in Series A Round. SoftBank Ventures Asia and supply-chain focused investment firm Cambridge Capital led the investment round as new investors. Existing investors like Wavemaker Partners and Investible also contributed to the round. The digital platform helps supply chain firms gather and interpret logistics data. Parcel Perform will use the funds to expand technology and Artificial Intelligence solutions.

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