Freight Startup Sennder Decides Against SPAC Deal: Report

Sender

Digital freight startup Sennder said it had raised a further $80 million from investors to expand its business, having decided against going public via a merger with a listed SPAC, Reuters reports.

The extra money came through an extension of a venture round through which Sennder – Europe’s leading digital freight forwarder – had raised $160 million in January which valued the business at more than $1 billion. Read more.

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