FreightHub, the European digital freight forwarder, collects $30M Series B

FreightHub, Europe’s 1st digital freight forwarder, has raised $30m in its Series B financing round with Rider Global and Maersk Growth, the corporate venture arm of Maersk. Existing investors Northzone, Global Founders Capital (GFC) and Cherry Ventures also took part. London-based investment firm Unbound significantly expanded its stake.

Described as a fully-fledged freight forwarder, the Berlin and Hamburg-based start-up offers transport services for sea, air and rail freight, built on digitized processes — from booking, communication, data exchange and document management to supply chain optimization. The company also expanded its service portfolio, including obtaining an IATA license for air freight services.

Claiming more than 1,500 customers, such as Home24, Miele and Viessmann and in addition to existing locations in Berlin and Hamburg, it recently opened its first Asian office in Hong Kong and acquired a sea freight forwarder specialised in Asian imports.

(Techcrunch)