Flexport Ventures contrbuited to a debt and equity round which will boost product development for the export finance startup.

US-headquartered export finance provider Marco Financial secured $82m on Tuesday in a seed round featuring freight forwarder Flexport’s corporate venturing unit, Flexport Ventures.

The round consists of $7m in equity funding and a $75m credit facility co-led by Kayyak Ventures and Arcadia Funds that expanded the company’s credit line to $100m, according to TechCrunch.

Village Global, Tresalia Capital, 342 Capital, Struck Capital, Antler and Antler Elevate, Florida Funders, Fox Ventures and angel investors including Phil Bentley and Naman Budhdeo filled…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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