Xeneta Raises $1.6M To Crowdsource Price Comparisons For Sea Freight

Xeneta, which offers a crowdsourced price comparison service for sea freight, has raised a ?1.2 million (~$1.6m) seed round led by the Stockholm VC Creandum, with participation from Norwegian private investment firm Alden. The new funding will be used to expand into new markets, specifically adding to the breadth of coverage for its comparisons in terms of the number of "trade lanes" in and out of Europe. Up until now, the 2012-founded company had been bootstrapped.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/rRJWL-rlE_0/

doug hutchison larry brown thomas kinkade pat summit brewers matt cain adastra