
GE Ventures backs Hong Kong digital logistics business

GE Ventures, the VC arm of General Electric, has led a $25 million extended Series B round of funding for Freightos, a Hong Kong-based logistics technology company. It brings total funding for the business to $50 million.
Founded in 2012 by Israeli serial entrepreneur Zvi Schreiber, Freightos’ flagship product is software-as-a-service AcceleRate, which enables carriers, freight forwarders and shippers to automate pricing...
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