GoBolt Raises CAD$75M in Series C Financing

GoBolt, a Toronto, Canada-based know-how firm constructing an built-in provide chain community, raised CAD$75M in Series C funding.

The spherical, which introduced whole funds raised to this point to greater than $222.5M CAD, was led by Yaletown Venture Partners and Export Development Canada, with participation from BDC Capital, Northleaf Capital Partners, Whitecap Venture Partners, MIG Group, BMO Capital Partners and Ingka Investments,

The firm intends to make use of the funds to additional investments in sustainability, together with rising its electrical fleet and charging infrastructure, and enhancements to robotics and warehouse automation.  

Led by CEO Mark Ang, GoBolt is a know-how firm constructing sustainable and vertically built-in provide chain community that companions with retailers to ship an end-to-end buyer expertise. By working as an extension of every service provider’s crew, the corporate gives dependable warehousing, choose and pack, delivery, and last-mile supply. GoBolt operates a rising community of warehouses throughout North America and a collection of proprietary apps designed and supported by an in-house engineering crew, to boost transparency and management for retailers.



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