09.03.2022
Artikel Nummer: 39931
More money for Forto
In its series D financing round, digitised freight forwarding and supply chain provider Forto has raised an additional USD 250 million in investor funds, increasing the company's valuation to USD 2.1 billion. Existing investors were also involved, in addition to banks and funds, as well as A.P. Moeller Holding.
The money is to be invested primarily in the customer offering on a global level. The current financing round comes just eight months after the last announcement (June 2021) of the USD 240 million financing round led at the time by Softbank Vision Fund 2.
Total investments in Forto now exceed USD 600 million. In 2022, Forto aims to further expand its presence in Poland, Belgium, Sweden and Southern Europe. (sh)