Oslo, Norway-based Xeneta, an ocean and air freight rate benchmarking platform and container shipping index, announced that it has raised $28.5M (approx €23.89M) in its Series C round of funding. This fundraise puts the company’s valuation at over $130M (approx €109M).
The round was led by New York-based Lugard Road Capital. In addition, existing investors Creandum and Investinor also participated in this round.