Veho, a startup that uses technology to facilitate next-day package delivery, raised $170mn in an early-stage funding round led by Tiger Global that valued it at $1.5bn.
The fundraise announced on Tuesday also included SoftBank Vision Fund 2 and came six weeks after the company raised $125m at a valuation of $1bn.
Last week, logistics company Flexport doubled its valuation to $8b in a $935m funding round led by venture capital firms Andreessen Horowitz and MSD Partners.
Read more: Reuters
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