The APX founding team
APX (Asia Pallet Express), a Thailand-based trucking hub-and-spoke network, has raised an undisclosed sum in pre-Series A funding led by ORZON Ventures.
The capital will be used for team expansion, penetrating international markets, and strengthening the logistic platform.
APX provides door-to-door cargo transportation services through its network with modern platforms for LTL (less-than-truckload) and palletised cargo services. It aims to build a connected truck transport network in Thailand and the ASEAN region to improve logistic efficiency while reducing CO2 emissions and the number of trucks needed on the road in the long run.
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Currently, APX’s platform supports transportation to and from anywhere in Thailand while also planning to expand to Malaysia and Singapore. It enables local and regional trucking companies to use their assets more efficiently and economically.
Uwe Dettmann, CEO and Founder, said: “This funding will enable us to remain at the forefront of our industry, pursuing new technologies and products that will benefit our community of stakeholders.
“Looking ahead, we’re going to expand our team and accelerate product development. We’re also exploring strategic partnerships to help us reach new audiences and bring our mission to more people who can benefit from our offerings,” he added.
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