Israel’s global freight booking and payment platform Freightos has begun trading on Nasdaq after a $500 million IPO. Freightos raised over $80 million in capital through the listing, including $10 million from Qatar Airways. https://www.calcalistech.com/ctechnews/article/hyvyviroi

I reported previously (Sep 11) that Jerusalem-based Freightos set up the world’s first web market place for international freight.  Freightos has now bought Barcelona-based air-cargo rate management provider WebCargoNet creating the “world’s largest freight Big Data database of over 200 … Continue reading →

Freightos raised $80 million (IPO); Sentra raised $30 million; NT-Tao raised $22 million; Evigence raised $18 million; BridgeWise raised $13 million; Gem Security raised $11 million; Guardz raised $10 million; Addressable raised $7.5 million; GoodOnes raised $3.5 million.

OurCrowd hosted CEOs from Israeli startups SeeTrue, IntellAct, Freightos, and IBM’s digital transformation executive advisor to discuss how technology can improve our jet-lagged transportation networks. https://events.ourcrowd.com/on-demand/

Pixellot raised $161 million; Coralogix raised $142 million; Freightos raised $80 million; Hourly.io raised $27 million; Seemplicity raised $26 million; Air Doctor raised $20 million

Prior to a planned IPO, Israel’s Freightos (see here previously) has received private funds including from Qatar Airways, the world’s largest air cargo carrier. Freightos’s platform connects multiple airlines, shipping and trucking companies, freight forwarders, importers and exporters. https://www.calcalistech.com/ctechnews/article/ryzdg54dq

E-Commerce giant Alibaba has launched Alibaba.com Freight to help American companies dispatch their goods by sea and air. It uses technology from Israel’s Freightos (reported here previously), which compare prices and manages shipments in real time. https://www.timesofisrael.com/alibaba-unit-uses-israeli-tech-to-offer-shipping-services-to-us-businesses/

More details of the world’s largest equity crowdfunding conference taking place in Jerusalem on Feb 16.  5000 delegates from 80 countries including 200 multinationals. Most of OurCrowd’s portfolio of 110 startups will participate. They include Consumer Physics, MedAware, VocalZoom, Freightos … Continue reading →

I reported on Israel’s Freightos previously (in Oct 2015).  Now Freightos has set up the world’s first online web market place for international freight – giving businesses instant comparisons, booking, and management of freight services from multiple logistics providers. http://www.timesofisrael.com/freightos-aims-to-make-shipping-easier-cheaper/