News Summary

Richmond, BC-based last-mile logistics tech startup UniUni has raised $70 million USD ($95.4 million CAD) in a Series D funding round, led by Bessemer Venture Partners. The round also saw participation from DCM Ventures, LFX Venture Partners, and others, including returning Canadian investor Celtic House Venture Partners. With this funding, UniUni aims to expand its delivery network to cover 95 percent of Canada and enhance its AI capabilities. Despite recent scrutiny over its labor practices, UniUni has raised over $200 million USD since its inception in 2019. The startup, which began as a restaurant delivery service, now operates a gig worker-powered e-commerce logistics platform, providing last-mile delivery services for companies like AliExpress and Shein.