Wednesday, February 1, 2023

Jeff Bezos Invests in Digital Freight and Supply Chain Startup Beacon Technologies

By ET Bureau - June 01, 2020 1 Mins Read

Amazon founder and CEO, Jeff Bezos has invested $15 million in the latest round of funding in UK-based digital freight forwarding and supply chain finance startup Beacon Technologies Ltd. Venture capital firm 8VC also participated in the Series A funding.

Beacon Technologies is also a supply chain finance firm that provides real-time data of cargo delivery and a marketplace view of global shipping costs and prices. The newly raised funds will be used to invest in expanding workforce, technology and market expansion.



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