TQG Raises $1.5M, Oversubscribed Latest Funding Round, Launches $25M Series A

PALO ALTO, Calif.--(BUSINESS WIRE)-- TQG (The Qwik Group) has completed its latest funding round, which was oversubscribed due to strong participation from a group of angel investors. This capital infusion paves the way for the national rollout of its parcel locker network. To support its pipeline of installations, TQG has launched a $25 million Series A funding round. With confirmed national partners, the additional capital will enable the rapid deployment of QwikLockers at America's favorite brands, driving expansion across the United States.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240822319348/en/

[email protected]

Source: The Qwik Group

You May Also Be Interested In

• DWS Municipal Income Trust Declares Monthly Distribution
• Incyte Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
• The Twelfth Annual iHeartMedia New York’s Z100 Summer Bash Presented by Wells Fargo Celebrated Summer with a Free Concert at Hudson Yards on August 6