The corporate venturing unit led a $25m extension to the freight services platform's series B round, doubling its overall funding.
GE Ventures, the strategic investment arm of industrial conglomerate General Electric, has led a $25m series B extension for China-registered online shipping marketplace Freightos.
Founded in 2011, Freightos operates an online marketplace for air, ocean and trucking freight services that allows users to choose a freight forwarder by factors such as price and transit time. It has so far registered more than 10,000 users.
The company also supplies specialised software that can automate the pricing and routing of goods as…
