Softbank Vision Fund 2 and AP Moller Holding contributed to the freight management software provider's series D round at a $2.1bn valuation.

Germany-headquartered freight forwarding software producer Forto secured $250m yesterday in a series D round featuring internet and telecommunications group Softbank’s Vision Fund 2 and AP Moller Holding, owner of shipping firm AP Moller – Maersk.

Investment firm Disruptive led the round at a $2.1bn valuation and was also joined by G Squared, Northzone and Unbound. The company has now accumulated a total of $610m in funding since it was founded as FreightHub in 2016.

Forto’s software allows businesses to digitise…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Robert Lavine

Robert Lavine is special features editor for Global Venturing.
email
Linked in