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…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.