Industry News
Cambridge Capital Leads US$22.5m Series B in Logistics Marketplace Liftit
8 July 2020
Florida-based Cambridge Capital led a US$22.5m Series B in Liftit, a B2B Colombian logistics marketplace for independent truck drivers, with participation from H20 Capital, AC Ventures, 10x Capital, Banyan Tree Ventures, and alpha4 Ventures, among others, and follow-on from monashees, Jaguar Ventures, NXTP, and IFC.
(TechCrunch) The Colombian trucking and logistics services startup Liftit has raised $22.5 million in a new round of funding to capitalize on its newfound traction in markets across Latin America as responses to the COVID-19 epidemic bring changes to the industry across the region.
“We’re focusing on the five countries that we’re already in,” says Liftit chief executive Brian York.
Read more at TechCrunch.
You may be interested in...
-
LAVCA Week Update; SP Ventures exits InCeres; 1200VC commits to Lowercarbon
-
LAVCA Tech Brasil Recap; Linzor Capital Partners Invests in Peru’s Win
-
Proparco Invests in Linzor Fund IV
Proparco announced a USD15m commitment to Linzor Capital Partners’ fourth Private...
-
Credicorp Capital Invests in Colombia’s ExcelCredit
Credicorp Capital invested in ExcelCredit, a Colombia-based consumer lender....