eCommerce Fundraising News
Global-E receives $193M investment from Shopify
The article mentions a 6.5% which would put the company over a $3B valuation. Seems high for what it is? Borderfree was acquired about 6 years ago for $400M by Pitney Bowes at the height of the cross-border craze. Granted, eCommerce is bigger now!
Cross-border logistics firm FlavorCloud raises Series A
While I’ve personally seen cross-border decreasing on client’s radars in the past few years based on trade tensions and the strength of the dollar, cross-border startups continue to raise money at a good clip.
Nuvocargo raises $12M to grow US-Mexico digital cross-border logistics provider
Interesting take on the cross-border space to rollup not just technology but services in one place.