TeliBo announced the completion of a $50 million Pre-IPO round of financing at a valuation of $500 million.

36Kr learned that on January 22, Teleport announced that it had signed a subscription agreement with a fund managed by global alternative investment firm HPS Investment Partners. It will raise $50 million through the issuance of redeemable convertible perpetual securities as growth capital for its pre-IPO stage. Teleport, an air logistics subsidiary of Capital A Berhad, has a pre-investment valuation of $500 million. This fundraising will accelerate its global expansion in the cross-border e-commerce business, help optimize its balance sheet, expand its network with core airlines, and lay a solid foundation for its subsequent listing.