News

  • Photo: Beacon

05.06.2020

Artikel Nummer: 32224

Beacon closes USD 15 million fundraising round


London (UK)-based Beacon, a next generation freight forwarding and supply chain finance company, has raised over USD 15 million in its series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and the American venture capital firm 8VC.

 

The company uses best-in-class AI, search, optimisation, data science, cloud and automation technologies to unlock significant operational efficiencies. The platform combines a real-time view of the global delivery of cargo and a marketplace view of global shipping costs and prices, all powered by machine learning that optimises shipping routes and processes for improved cost, speed and predictability.

 

Beacon co-founder and CEO Fraser Robinson: "Our goal is to offer exciting new alternatives for the trillion-dollar freight forwarding market by vastly improving the experience for importers and exporters with a more transparent and smarter shipping product." (mw)

www.beacon.com

 

 

 

Related news