Ayala-backed technology startup Expedock has secured $17.5 million worth of funding to enhance its digitized freight forwarding process in a bid to make the operations of the supply chain sector more efficient. The total funding raised includes $13.5 billion in Series A financing and $4-million seed money. Global software investor Insights Partners led the funding round. Meta, eBay, Clearmetal and Project44, among others, also participated in the fundraising activity. 'Insight's bread and butter is software companies driving transformative change in their industries, and that's exactly what Expedock is doing in the international freight industry,' Insights Partners senior associate Connor Guess said.

https://business.inquirer.net/358032/ayala-backed-logistics-tech-startup-raises-fresh-capital

#inquirer