Tech Company Financing Transactions
Fr8 Labs Funding Round
East Ventures, FEBE Ventures and Kaya Founders joined a $1.5 million Seed capital raise for Fr8 Labs. The round was announced on 11/30/2023.
Transaction Overview
Company Name
Announced On
11/30/2023
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
Proceeds Purpose
Part of Fr8Labs' funding will be used to expand its platform, with plans to add FX trade, financing, cargo insurance, rates management and a marketplace. The startup's goal is to turn its platform into an open ecosystem that can integrate with and manage different logistics tech software.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
100 Pasir Panjang Number 06-05
Singapore, 118518
Singapore
Singapore, 118518
Singapore
Phone
Website
Email Address
Overview
Developer of a freight management system intended to create a network of fragmented SME forwarders that are integrated using the SaaS service. The company offers customers using AI to enhance human decision-making in routing and general operations, enabling clients to share data electronically with everyone involved in the supply chain at any given moment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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