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Nuvocargo Raises $12M to Modernize US/Mexico Trade, Announces Plan to Add Financial Products ...
NuvocargoApril 7, 2021 GMT
NEW YORK, April 07, 2021 (GLOBE NEWSWIRE) -- Nuvocargo, the only all-in-one digital platform for US/Mexico trade, announced today it has closed a $12M round of Series A funding led by QED Investors alongside new investors including David Velez (Founder/CEO, Nubank), Michael Ronen (Branded/SoftBank, who led Flexport’s $1B Series D), FJ Labs, Clocktower, Karim Atiyeh (Founder/CTO of Ramp), Raymond Tonsing (Caffeinated Capital), Satya Patel (Homebrew), Sebastian Castro (Founder, Kushki), and more. Existing investors NFX, ALLVP, MAYA Capital, Magma Partners, One Way Ventures, Ride Ventures, and others also participated. This round brings Nuvocargo’s total funding to $17.3M.