Shadowfax Secures $100 Million in TPG-Led Funding Round
WAREHOUSING & LOGISTICS

Shadowfax Secures $100 Million in TPG-Led Funding Round

In a testament to its robust growth trajectory, Shadowfax, a prominent player in the logistics sector, has successfully raised $100 million in a funding round led by TPG. This infusion of funds signifies a vote of confidence from investors and positions Shadowfax to further strengthen its presence in the dynamic and competitive logistics market.

The funding round, spearheaded by TPG, highlights the strategic importance of Shadowfax in the logistics ecosystem. As the company continues to innovate and expand its service offerings, the substantial investment is expected to propel its market presence and contribute to the development of cutting-edge logistics solutions.

Shadowfax has emerged as a key player in the logistics and last-mile delivery segment, leveraging technology to streamline operations and enhance efficiency. The $100 million funding injection is poised to accelerate its expansion plans, enabling the company to meet the escalating demands for reliable and tech-driven logistics services.

With TPG at the forefront of this funding round, Shadowfax aims to capitalise on the momentum and solidify its position as a market leader. The substantial financial backing not only underscores the confidence in Shadowfax's business model but also signals a promising future for the logistics industry as it continues to evolve in response to the changing dynamics of consumer demands and technological advancements.

In a testament to its robust growth trajectory, Shadowfax, a prominent player in the logistics sector, has successfully raised $100 million in a funding round led by TPG. This infusion of funds signifies a vote of confidence from investors and positions Shadowfax to further strengthen its presence in the dynamic and competitive logistics market. The funding round, spearheaded by TPG, highlights the strategic importance of Shadowfax in the logistics ecosystem. As the company continues to innovate and expand its service offerings, the substantial investment is expected to propel its market presence and contribute to the development of cutting-edge logistics solutions. Shadowfax has emerged as a key player in the logistics and last-mile delivery segment, leveraging technology to streamline operations and enhance efficiency. The $100 million funding injection is poised to accelerate its expansion plans, enabling the company to meet the escalating demands for reliable and tech-driven logistics services. With TPG at the forefront of this funding round, Shadowfax aims to capitalise on the momentum and solidify its position as a market leader. The substantial financial backing not only underscores the confidence in Shadowfax's business model but also signals a promising future for the logistics industry as it continues to evolve in response to the changing dynamics of consumer demands and technological advancements.

Next Story
Infrastructure Energy

EdgePoint Towers Launches First Solar Hybrid Site

EdgePoint Towers Sdn Bhd, a part of EdgePoint Infrastructure, a leading ASEAN-based independent telecommunications infrastructure company, has successfully launched its first solar hybrid site, marking a key milestone in its renewable energy initiatives. This deployment represents a significant step toward advancing sustainable energy solutions in Malaysia’s telecommunications sector.The new solution provides up to 100% of the energy required to operate telecommunications equipment, reducing dependence on diesel fuel. With a 5.9-kilowatt peak (kWp) capacity, the site operates autonomously us..

Next Story
Resources

Russia National Science Prize to Honour Tech Breakthroughs

Applications are now open for the international prize in the field of future technologies VYZOV. This prestigious award recognises breakthrough ideas and inventions that transform the landscape of modern science and impact the lives of individuals globally. The mission of the VYZOV Prize is to inspire and motivate the younger generation to pursue a lifelong commitment to science. The prize aims to recognise and celebrate scientific achievements to promote the desirability of science as a career. In doing so, it aspires to establish scientists as exemplary role models for future generations.The..

Next Story
Infrastructure Urban

Cabinet to Weigh Formation of SPV for Bengaluru’s Infra Projects

The Karnataka Cabinet is set to discuss the formation of a Special Purpose Vehicle (SPV) to take charge of key infrastructure projects in Bengaluru, a move aimed at streamlining the city’s development and reducing traffic congestion.The proposed SPV will have the state government and the Bruhat Bengaluru Mahanagara Palike (BBMP) as stakeholders. The Cabinet is expected to finalise the shareholding ratio between the two. Once operational, the SPV will oversee major infrastructure initiatives such as tunnel roads, elevated corridors, buffer zone roads along stormwater drains, white-topping pro..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?