The New York Shipping Exchange (NYSHEX) has secured $8.5m in fresh funds as it looks to accelerate the adoption of digital forward contracts for container shipping.
The Series A funding was led by Goldman Sachs Principle Strategic Investments and GE Ventures, with participation from Blumberg Capital, Tectonic Capital and other investors.
“We are honored to have backing from such strategic investors as we work collaboratively to solve a major challenge facing the global container shipping industry,” said NYSHEX chief executive Gordon Downes.
“Five
