News / Freightos raises another $25m to drive digitisation in logistics

© Orlando Florin Rosu | Dreamstime.com - Dollars fly

Freightos announced today it had raised $25m in a series B funding round, which brings the amount investors have ploughed into the company since its inception in 2012 to $50m.

The latest tranche was led by GE Ventures, but Freightos has attracted funding from a consortium of investors over the years, including ICV, Aleph, Sadara, Annox Capital and MSR Capital.

“Logistics digitisation is a strong strategic complement for General Electric’s role as the world’s leading digital industrial company,” said Jonathan Pulitzer, GE Venture’s Managing ...