FreightHub

2020 will be a better year for investment in maritime and logistics start-ups

Venture capital investment in the maritime sector was dominated last year by the enormous $1bn raised by US digital-first freight forwarder Flexport, but the deal masked an overall decline in investment in maritime start-ups.
According to new research from consultancy Thetius, $1.14bn was raised by start-ups last year, but without the Flexport $1bn, led by Japanese investor SoftBank, the remaining $144m represented a 24% decline on the $190m raised in 2018.
Thetius …

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https://theloadstar.com/2020-will-be-a-better-year-for-investment-in-maritime-and-logistics-start-ups/

Shippers must think products not shipments, says FreightHub as it expands into China

As trade between China and the US slows, relations between Europe and China remain healthy. For forwarders in particular, this is good news as they shift focus away from the transpacific lane.
But many will find increasing competition from forwarders that have made significant investments in technology and new service offerings – the days of simply being the middle-man are over.
We’ve seen the growth of rail cargo between Asia and Europe …

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https://theloadstar.com/shippers-must-think-products-not-shipments-says-freighthub-as-it-expands-into-china/

Maersk joins FreightHub investors as it secures $30m in fresh funds

German digital freight forwarding start-up FreightHub has secured $30m in a series B capital raising round that saw Maersk join its investors.
AP Møller-Maersk’s corporate venture arm, Maersk Growth, and logistics venture capital fund Rider Global joined Northzone, Global Founders Capital, Cherry Ventures and London-based investment firm Unbound, which also ploughed fresh funds into the company.
FreightHub said it would use the proceeds for tech development and to expand its presence in …

The...

https://theloadstar.com/maersk-joins-freighthub-investors-as-it-secures-30m-in-fresh-funds/