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

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

September 5, 2024 Craig Etkin

August 22, 2024 01:28 PM Eastern Daylight Time

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.

Contacts

install@qwiklocker.com

(c)2024 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Palo Alto, The Qwik Group, TQG, Venture Capital

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