TechTaka Secures 12.6 Billion KRW Investment from Altos Ventures

Operation of SW-Based Logistics Fulfillment Service 'Argo'

TechTaka, a software-centered fulfillment company, announced on the 20th that it received an investment of approximately 12.6 billion KRW from Altos Ventures. Altos Ventures participated solely in this round of investment.

Founder and CEO Yang Su-young established TechTaka in May 2020 after working at Amazon and Coupang. TechTaka provides software-based third-party logistics services and operates the fulfillment service "Argo."

TechTaka explained that Argo tracks product locations in real-time and suggests optimal work routes and packaging methods. Existing logistics warehouse owners can achieve fast delivery within 1 to 2 weeks without complicated procedures by adopting Argo. For e-commerce sellers, it resolves complex systems from inbound to outbound shipments at once and guarantees on-time shipping rates.

TechTaka's Dongtan Logistics Center, which opened last February

Argo’s stability and technological capabilities were recognized when it joined the "Naver Fulfillment Platform NFA" in 2022, and in July last year, it launched the Naver On-Time Arrival Guarantee program, currently maintaining an on-time same-day shipping rate of over 99.9%.

Additionally, Argo has secured a total usable space of 357,000㎡ through various logistics partners. Recently, it established a 17,000㎡ logistics center in Dongtan. Being close to the logistics hub in Daejeon, it is expected to process Naver On-Time Arrival Guarantee program logistics more quickly.

CEO Yang Su-young said, "With this investment, we have introduced robotics technology to build a stable operating system and can guarantee fast delivery to customers. We also plan to provide end-to-end services for sellers considering overseas market expansion."