Maersk Growth and Raed Ventures Lead USD42m Series A for Egyptian Digital Freight Platform Trella

Source(s): MENAbytes

Maersk Growth and Raed Ventures led a USD42m Series A for Trella, an Egypt-based digital freight platform with a presence in Saudi Arabia and Pakistan, with participation from Algebra Ventures, Vision Ventures, Next Billion Ventures, VentureSouq, Foundation Ventures and Flexport. The round comprised USD30m in equity and USD12m in debt financing. Lendable and other financial institutions provided debt. Read more