Paxafe, an AI software provider for the cold chain market, announced Tuesday it has closed on a $9 million Series A funding round led by Framework Venture Partners with participation from Microsoft venture capital fund M12, Rosecliff Ventures, Elevate Ventures, AngelList Quant Fund, Gaingels and Mama Ventures.
This round also included previous investors Ubiquity Ventures and Venture 53, which led Paxafe’s seed round in 2022. The company has raised $14 million since founding in 2018.
Paxafe plans...
https://www.freightwaves.com/news/paxafe-raises-9m-highlights-330-revenue-growth-over-past-year