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Digital freight forwarder raises cash

01 June 2020

UK-based Beacon has raised $15 million in Series A funding, including investment from Jeff Bezos and US venture capital firm 8VC.

Beacon customers benefit from optimised shipping routes and processes that reduce costs, while increasing booking speed and transport efficiency.

The company is using best-in-class AI, search, optimisation, data, cloud and automation technologies to drive disruption and operational efficiencies in the $1 trillion global freight forwarding industry.

 
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