Here comes Blitz. They’re an Indonesian EV logistics enabler that provides white-labelled, instant, and same-day deliveries powered by EVs and proprietary technology. 

• Now, they’ve just raised a Pre-Series A!
• The amount raised was not disclosed. 
• They’ve completed over 14M deliveries, deployed over 1,000 EV bikes, and logged 220M electric kilometers.

Investor check. Vynn Capital led the round. Existing investor Iterative Capital, along with new investors Vinner Ventures, Balaji Srinivasan (ex-GP, Andreessen Horowitz) and Rajesh Venkatesh (exec, ex-PayPal) also joined in. 

• FYI. Previous investors of Blitz include Asian Development Bank (ADB) Ventures, FiveFortyAlpha, BonBillo Fund, and Peak XV.
• They have raised $4.6M to date.

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🏍️ Full speed ahead

With their growing pool of thousands of gig couriers, they offer:

•  Same-day deliveries (1-12 hour instant deliveries)
• Integrated white-labelled logistics services

Go green. Companies can lease Blitz’s EV fleet (and access Blitz’s workforce) to attain more sustainable logistics operations—under their own brand!

Milestone check. They tripled their revenue in 2024 while cutting burn rate by 70%! Oh, and they also grew their operational footprint to 60 cities.

• They also integrated their fleet with Grab’s platform. 

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💯 What’s next? 

They plan to accelerate expansion across Indonesia to focus on efficiency, quality clients, and scalable operations.