4 years ago

Beacon Secures $50 Million in Series B Funding to Revolutionize Global Supply Chains

  • London-based digital supply chain and freight platform Beacon has raised $50 million in a Series B funding round led by Northstar.vc

  • The round saw participation from new investor Upper90 and existing investors, including Jeff Bezos, Marc Benioff, 8VC, and Expa

  • The funding will be used to expand the team, further develop Beacon's technology, and expand into new markets, particularly Asia.

      • ProblemTechnology

      "Managing global supply chains is complex, opaque, and inefficient, leading to delays, increased costs, and a lack of visibility for businesses."

      Solution

      "Beacon provides a fully digital supply chain and freight platform that offers end-to-end visibility, payments, and insights, simplifying logistics and streamlining operations for businesses involved in global trade."

      Covered on