Koch Industries and Harel Insurance and Finance helped the e-commerce fulfilment technology provider close a series C round that took its overall funding to $336m.
US-based e-commerce fulfilment technology developer Fabric completed a $200m series C round featuring chemicals and energy conglomerate Koch Industries and insurance provider Harel Insurance and Finance yesterday valuing it above $1bn.
The round was led by Temasek and also backed by Union Tech Ventures, Canada Pension Plan Investment Board, Wharton Equity Ventures, Pontifax Global Food and Agriculture Technology Fund, KSH Capital and Princeville Capital.
Koch Industries invested in the round through its corporate venturing arm, Koch Disruptive Technologies. It took…
