18 August 2021
The round valued Airlift at US$275 million and brought total disclosed funding to about US$110 million.
Source: TechCrunch ↗A Pakistan-founded mobility startup that pivoted to quick commerce and permanently ceased operations in July 2022.
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The round valued Airlift at US$275 million and brought total disclosed funding to about US$110 million.
Source: TechCrunch ↗Led by Quiet Capital, with participation from TrueSight Ventures, RT Ventures, Shorooq Partners, ACE Capital and local investors. Dawn reported total investment of US$24.1 million after the round.
Source: Dawn ↗The financing was reported as Pakistan's largest Series A at the time and was led by First Round Capital.
Source: Profit by Pakistan Today ↗Co-led by Fatima Gobi Ventures and Indus Valley Capital, with angel investors also participating.
Source: ProPakistani ↗Participation shown here relates to the cited funding announcement.
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Founded and led Airlift Technologies until its permanent shutdown in July 2022.
Source: TechCrunch ↗Selected funding, product and corporate developments linked to their original source.
Airlift announced the permanent shutdown of its Pakistan operations after it was unable to complete a new financing round.
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