FASSTO, a Korean smart logistics company, has secured KRW 19 billion (approximately USD 14 million) in Series D funding. This round includes follow-up investments from existing backers SK D&D, Shinhan Venture Investment, Hana Ventures, and Yuanta Investment, with Tigris Investment joining as a new investor.

Earlier this year, FASSTO launched a Series D funding round targeting KRW 50 billion (approximately USD 37 million). With the latest investment, the total funding raised now exceeds KRW 130 billion (approximately USD 97 million).

FASSTO provides fulfillment services tailored for online stores, streamlining the entire logistics process through its patented, self-developed Fulfillment Management System (FMS) and automated facilities.

The company offers standardized fulfillment services accessible to everyone, from solo entrepreneurs to large corporate brands, leveraging AI-driven logistics technology and extensive operational expertise. Recently, FASSTO enhanced its fast delivery service with a “guaranteed next-day arrival, 7 days a week” feature. Additionally, it has received positive feedback for integrating popular international sales platforms like Rakuten and Shopify into its existing service, which already supports over 600 domestic and international shopping malls. This expansion is helping users enter the global e-commerce market more efficiently.

FASSTO also operates a large-scale AMR-based logistics center, certified as a first-class smart logistics center by the Ministry of Land, Infrastructure and Transport. As a robot integrator (RI), the company handles everything from installation to operation and maintenance, all from the user’s perspective.

FASSTO stated, “With this Series D funding, we aim to solidify our leadership in the smart logistics market while also embarking on a full-scale entry into the global market through our ‘FASSTO Robotics’ business in the logistics digital transformation (DT) sector.”

The company is also in the process of securing additional investment from strategic and financial investors related to its Series D round.