Freight Tech Startup Forto Raises $240 Million In Softbank-Led Round
Freight Tech Startup Forto Raises $240 Million In Softbank-Led Round
06/21/21, 8:28 AM
Money raised
$240 million
Berlin: Forto, a freight technology startup, has raised $240 million from SoftBank and others at a valuation of $1.2 billion.
Company Info
Company
Forto
Additional Info
Existing investors including Northzone, Cherry Ventures and Unbound also took part, Forto said. Forto says it has 2,500 clients, including Home 24 and German supermarket chain Edeka, and ships up to 10,000 containers a year by sea, rail and air.
