WaveBL raises $26 mn in VC funding led by NewRoad

WaveBL, a provider of electronic Bills, has raised $26 million in its latest funding round led by NewRoad Capital Partners.
WaveBL teamExisting investors ZIM, Marius Nacht, Contour Venture Partners, Frank Sica, and Techstars Central also participated in this funding round, as did a new investor, Reefknot Investments, backed by Temasek and Kuehne + Nagel.

WaveBL’s blockchain technology enables the transfer of unique electronic trade documents, ensuring compliance with universal processes and regulations. WaveBL’s platform is trusted by the world’s largest ocean carriers and NVOCCs, including MSC, ZIM, Hapag Lloyd, ONE, Leschaco, and Saco, and is designed to meet the needs of all parties involved in trade.