SEA Deal Ticker
New money has stopped pricing Indonesian logistics up: Waresix raises $27.4M below its last mark
Granite Asia, Jungle Ventures and East Ventures took new shares at $92.57 each, under the $99.67 DEG paid in June 2025. Total equity raised now reaches $197.21 million.
Positive-sum angle: Insiders funding a flat-to-down round keep the warehouse and trucking network running for the shippers on it; April's subsidiary IPO already gave Jakarta a public comparable for the sector.