News / New funds give Sennder and Shippeo scope to progress digital supply chains

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European freight tech start-ups saw nearly €200m in new investment this week in two deals that sent company valuations soaring at Sennder and Shippeo.

Berlin-headquartered digital road freight forwarder sennder raised €160m ($194m) in a series D financing from investors including Accel, Lakestar, HV Capital, Project A and Scania, pushing its valuation to over €1bn.

The company said it would invest $100m into expanding the 200-strong technology team to “accelerate research and development into the automation, digitalisation, optimisation and decarbonisation of road ...