Berlin-based Forto bags €230M; eyes global expansion to make the logistics industry sustainable
Summary
Forto, a Berlin-based online platform for freight forwarding, announced that it has secured $250M (approx €230M) in a pre-emptive Series D investment round led by Disruptive. Existing investors, including Softbank Vision Fund 2, G Squared, Northzone, Unbound, and A.P. Moeller Holding, also participated. The Series D round raises the company’s valuation to $2.1B (approx €1.9B).
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