Beacon raises $15 million funding from Jeff Bezos & others
LONDON, June 1, 2020 -- Uk based logistics company Beacon has raised over $15 million in its Series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and leading US venture capital firm 8VC.
Beacon was founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both former Uber executives.
They were joined by CTO Pierre Martin, previously at Amazon, bringing together a management team with deep expertise in logistics, technology, finance and hyper-growth.
The freight forwarding and supply chain finance industries are worth an estimated $1 trillion and $12 trillion a year, respectively.
Beacon offers a full range of services, including global ocean, air and truck freight, together with supply chain finance, all of which can be accessed...