Maersk Growth and Raed Ventures co-led a $42m round for shipping platform developer Trella while GV exited deep learning software provider Determined AI.

Funding Shipping firm AP Moller – Maersk and diversified holding company Almajdouie Holding co-led a $42m financing round for Egypt-based digital freight marketplace Trella yesterday through corporate venturing units Maersk Growth and Raed Ventures respectively. The round consisted of $30m in equity funding from investors also including freight services provider Flexport, Algebra Ventures, 4DX Ventures,…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.