Fast-growing UniUni has raised even more capital.
The Richmond-based “last mile” delivery logistics upstart has secured another US$70 million, according to a report from The Logic.
UniUni garnered the funding from both existing and new investors, the report suggests, including Bessemer Venture Partners, Sinovation Ventures, Redpoint Ventures, Brightway Future Capital, DCM Ventures, LFX Venture Partners, Vision Plus Capital, Joy Capital, MindWorks Ventures, and Celtic House Venture Partners.
It marks the B.C. company’s third round of financing in a single year against a backdrop worldwide economic uncertainty.
Building on prior rounds in 2024, UniUni has now raised a total of more than US$200M. Intentions for the capital include upgrading the company’s automation and robotics technologies.
Founded in 2019, UniUni’s mission is to make “the last mile the best mile” by leveraging scalable technology such as AI-driven routing, predictive analytics, and robotic sorting systems to deliver speed and reliability at scale.
Last year, UniUni was fourth on Deloitte Canada’s Technology Fast 50 list with revenue growth of 12,854% between 2020 and 2023.
Earlier this month, UniUni was recognized as “Last Mile Company of the Year” by SupplyTech Breakthrough, an independent market intelligence organization.
The annual awards highlight the world’s standout technology companies, products, and services in the global supply chain technology and logistics industry.
Martin van den Hemel, Director of Communications at UniUni, stated that the Canadian firm considers the recognition from SupplyTech to be “a tremendous honour and a reflection of the relentless work of our team.”
“We’re proud to be building a smarter, tech-forward, more efficient last-mile delivery model,” stated van den Hemel. “One that’s powered by innovation and driven by our commitment to deliver for e-commerce brands and their shoppers at every opportunity.”
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