GoBolt is a technology company building the first sustainable and vertically integrated supply chain network that partners with merchants to deliver a complete end-to-end customer experience.

The Company has a sustainability-based message and handles fulfillment and last-mile for brands like Ikea.

In other news, GoBolt has also laid off 55 people.  If you’re wondering how  a company an raise money and layoff people at the same time, it’s simple.  Usually the new cash was required for survival and demands a burn rate less than the previous one.

PR Newswire: GoBolt Secures $75M in Series C Financing