Flash Group raises $150M, becomes Thailand’s first unicorn

Thailand-based Flash Group, a logistics startup also known as Flash Express, announced this week it has raised $150 million in a Series D extension and Series E round.

While the company has not disclosed the exact post-money valuation, it claims to be valued at over $1 billion to become Thailand’s first unicorn, according to a Reuters report.

In October, Flash Group had raised $200 million in its first Series D round. The startup’s Series D extension was led by SCB10X, the venture capital arm of...

https://www.freightwaves.com/news/flash-group-raises-150m-becomes-thailands-first-unicorn

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