# CBcloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cbcloud

- Industry: Logistics & Distribution
- Headquarters: Tokyo, Japan
- Website: www.cb-cloud.com
- Total disclosed funding: $13M
- Latest round: Series B (Sep 20, 2019)
- Investors on record: 7

## About

Founded in 2013 and headquartered in Tokyo, Japan, CBcloud Co., Ltd. d.b.a CBcloud offers logistics solutions through its platform, providing efficient delivery services by connecting users with a network of delivery partners across the country. The founder, Lo Saephan, has experience in the industry, although no prior companies are mentioned.  The current valuation of the company stands at JPY 30,479.551 million. CBcloud operates primarily through its leading logistics platform, PickGo, connecting individuals and businesses needing delivery services with over 60,000 registered light cargo partners across Japan. The platform boasts a 99.2% delivery matching rate, allowing requests to be responded to within an average of 56 seconds. Alongside PickGo, the company provides SmaRyu, a logistics support system aimed at streamlining workflows for drivers and logistics managers, primarily serving urban centers in Japan. CBcloud generates revenue through transaction fees linked to its delivery services on the PickGo platform. This fee model is structured based on the volume and weight of the delivered cargo. While specific pricing plans are not disclosed, the company provides B2B solutions for corporate clients and direct-to-consumer delivery options, bolstered by strategic partnerships within the supply chain. In April 2026, CBcloud raised an undisclosed amount in venture funding from Adplan Creates Co., Ltd., OTV CO.,LTD, The Okinawa Electric Power Company, Incorporated, SYMBA HOLDINGS Co., Ltd., FOURSEAS, Takunan Headquarters Co., Ltd., Yugaf Holdings.Inc., RYUBO INDUSTRY.,LTD, The Ryukyu Shimpo Co., Ltd, Ryukyu Broadcasting Corporation and Ryuyaku Co., Ltd. Ryukyu Capital and other unspecified investors also participated in this round. The company plan to utilize April 2026 funds to expand talent recruitment in Okinawa, strengthen collaboration with partner companies, and promote innovation to support regional economic growth.

## Funding rounds

- Series B, Sep 20, 2019, $1M — Okinawa Times Co., Ltd., JR East Start Up, Ryukyu Capital
- Series B, Aug 1, 2019, $12M — SoftBank Group, Japan Post Capital, CRE, INC., Sagawa Express Co.,Ltd.

## Investors

- SoftBank Group — Series B
- Japan Post Capital (https://capitalatlas.ai/funds/japan-post-capital) — Series B
- CRE, INC. — Series B
- Sagawa Express Co.,Ltd. — Series B
- Okinawa Times Co., Ltd. — Series B
- JR East Start Up (https://capitalatlas.ai/funds/jr-east-start-up) — Series B
- Ryukyu Capital (https://capitalatlas.ai/funds/ryukyu-capital) — Series B