Heliad Equity Partners and European Investment Bank led a $40m Series B round in InstaFreight.

Heliad Equity Partners, a listed investment company, and European Investment Bank, the lending arm of the European Union, led a $40m Series B round in InstaFreight, a logistics service in Berlin, Germany. "Overland transport is still highly inefficient and we as InstaFreight provide more sustainability and efficiency through a technological approach, thereby contributing our share to secure global supply chains," Philipp Ortwein, InstaFreight Managing Director and Co-Founder.