Tech Company Financing Transactions
WaveBL Funding Round
WaveBL, based in Wilmington, secured $11 million in funding from NewRoad Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
1/11/2024
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series B
Investors
NewRoad Capital Partners (Lead Investor)
Proceeds Purpose
This additional amount will help the company continue to solidify its position as an industry leader by expanding new offerings and supporting scenarios that establish a new benchmark of trust and efficiency in international trade.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
N Market St, 1313
Wilmington, DE 19801
US
Wilmington, DE 19801
US
Phone
Undisclosed
Website
Email Address
Overview
WaveBL is a digital platform using proprietary blockchain technology to electronically transfer trade documents. The WaveBL solution enables the instant, encrypted, and authenticated transfer of electronic Bills of Lading and related trade documents. The platform complies with universal processes and regulations in use. We are also a major participant in formulating and implementing the eBL standard.
Management Team
Title
Name
Email & Social
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