May 2026 | Logistics Tech | Startup Funding News – AIoT-driven logistics startup Willog has raised an undisclosed amount in a Series B-2 funding round, backed by a group of investors from Korea and global markets.
The round saw participation from firms including KB Investment, SGC Partners, Sneakpick Investment, IBK Capital, Re-Investment, Muirwoods Ventures, and Big Basin Capital.
Funding to Accelerate Global Expansion
The fresh capital will support Willog’s expansion across North America and Asia, as the company scales its AI-powered logistics platform.
The investment also reflects increasing investor confidence in solutions that transform fragmented supply chains into data-driven, intelligent systems.
Strong Growth and Market Traction
Since its founding in 2021, Willog has demonstrated rapid growth:
- Achieved 7x year-over-year growth in new customers
- Maintained 0% customer churn
- Reached the Series B-2 stage within five years
These metrics highlight strong product-market fit and growing demand for AI-enabled supply chain solutions.
Transforming Logistics with AIoT
Willog uses AIoT (Artificial Intelligence + Internet of Things) to convert scattered logistics data into actionable insights.
Its platform helps businesses:
- Reduce product loss and damage
- Improve quality control
- Address compliance challenges
- Lower operational and logistics costs
By turning real-time data into intelligence, the company enables better decision-making across the supply chain.
A Unified Approach to Supply Chain Visibility
Unlike traditional logistics tracking platforms that focus only on shipment movement, Willog offers a holistic, end-to-end system.
The platform connects:
- Warehouse operations
- Trucking and road logistics
- Ocean freight
- Air cargo systems
This unified data layer provides complete visibility and control across the logistics lifecycle.
Leadership Perspective
Daniel Yun, CEO of Willog, said the funding will support the company’s next growth phase.
He noted that logistics remains one of the few industries still heavily dependent on manual processes, and the company’s goal is to convert invisible logistics events into measurable data and intelligent actions.
Market Opportunity in Supply Chain Intelligence
Global supply chains are undergoing rapid transformation, driven by:
- Increasing demand for real-time visibility
- Rising compliance requirements
- Need for cost optimisation and efficiency
AIoT-based platforms like Willog are emerging as key enablers of smart, connected logistics ecosystems.
Conclusion
With its latest funding round, Willog is strengthening its position in the fast-growing supply chain intelligence market.
As global logistics becomes more data-driven, the company’s unified approach to AIoT and real-time insights could play a crucial role in shaping the future of intelligent supply chain management.
Ruchi Kumar is the associate editor at Entrepreneur News Network and TVW News India, where she leads editorial strategy, brand storytelling, and startup ecosystem coverage. With a strong focus on innovation, business, and marketing insights, he curates impactful narratives that spotlight India’s evolving entrepreneurial landscape. She has written extensively on fintech, AI and emerging startups.