Announced
Completed
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Venture Capital
Minority
Acquisition
Private
Israel
Single Bidder
Completed
Friendly
Digital Services
electronic Bills
Cross Border
Private Equity
Synopsis
NewRoad Capital Partners, an operator-led, demand-driven investment firm focused on innovative and growth-oriented companies in the supply chain and logistics, retail, and marketing technology sectors, led a $26m Series B round in Wave BL, a digital platform using proprietary blockchain technology to electronically transfer trade documents. "We offer blockchain technology as the new gold standard for trust between trade partners, a game changer for international trade. The investment will be used to expedite our growth by increasing our employee base, primarily in sales, marketing, and R&D." Noam Rosenfeld, Wave BL CEO.
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