Announced
Completed
Financials
Sources
Tags
Venture Capital
Private Equity
Acquisition
Cross Border
Minority
Private
Completed
Friendly
Digital Services
logistics solutions
digital solutions
digital freight forwarding
Germany
Single Bidder
Synopsis
Disruptive led a $250m Series D round in Forto, a provider of digitized freight forwarding and supply chain solutions, with participation from Softbank Vision Fund 2, G Squared, Northzone, Unbound and A.P. Moeller Holding. "We recognise that this is an exceptionally challenging period for many of our customers. As our business remains well-funded from our previous round in 2021, this new round will simply allow us to accelerate the execution of our existing strategy, particularly on our geographic expansion," commented Wax. "It will allow us to further widen our customer offer, bring our technology platform support to customers in new markets, and capitalize on new opportunities as they arise," Michael Wax, Forto CEO and Co-Founder.
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