Freightos loads $44.4m into series C

Sep 19, 2018 • Thierry Heles

SGX has led a $44.4m series C for Freightos, a freight services platform that also welcomed back General Electric for the round.

China-based online shipping marketplace Freightos collected $44.4m in a series C round on Monday led by stock exchange Singapore Exchange (SGX).

GE Ventures, the corporate venturing arm of industrial conglomerate General Electric, also backed the round, as did Israel Cleantech Ventures (ICV), Aleph and unnamed, existing shareholders.

Founded in 2011, Freightos runs an online marketplace for air, ocean and trucking freight services, enabling clients to book and manage their shipments after running instant comparisons between providers. Freightos also produces automated…

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