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African logistics startup Lori Systems raises Series A led by Chinese investors

6 monthes ago   |   By Tech Crunch

African on-demand trucking logistics company Lori Systems has raised a Series A round led by Chinese investors Hillhouse Capital and Crystal Stream Capital.
Other participating investors included Nigeria and U.S. based EchoVC , Flexport CEO Ryan Petersen , and Nigerian founder Iyinoluwa Aboyeji .
Lori Systems is not disclosing the amount of the Series A. DealStreet Asia reported the round amount at $30 million earlier Friday, but Lori Systems' CEO Josh Sandler would not confirm that. That figure was “something lost in translation” and “a mischaracterization of the raise,” he told TecCrunch...
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Mortgage closing platform Snapdocs raises $25M round

Mortgage closing platform Snapdocs raises $25M round

6 monthes ago   |   By Inman

The Series B funding round was led by F-Prime Capital with participation from Sequoia Capital, Freestyle Capital and Founders Fund.
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Tech cos. respond to George Floyd's death, ensuing protests and systematic...

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