The Globe and Mail reports in its Friday edition that e-commerce delivery company UniUni, one of Canada's largest and fastest-growing technology-enabled companies, has raised $85-million in fresh financing to support its expansion (all figures U.S.). The Globe's Sean Silcoff writes that the company, based in Richmond, B.C., and legally known as Uni Express Inc., raised $30-million in equity led by Chinese private equity firm Rockets Capital and a $55-million credit facility provided by Royal Bank of Canada. Four unidentified backers from Quebec and Ontario accounted for more than half of the equity offering. The company, which operates a low-cost, last-mile delivery service for the likes of Asian on-line retail giants Shein, Temu and AliExpress, said the money would support UniUni's purchase of advanced sorting machines across its expanding North American warehouse network and provide working capital. The company is now delivering to 500 cities across North America, covering 65 per cent of the U.S. market and 80 per cent of Canada. Last April, police allegedly found workers who spoke only Chinese were living in squalid conditions inside a UniUni warehouse in Connecticut that was not up to code to serve as a residence.