We have assisted funds advised by Apax Digital with investments in Xeneta AS
Together with Simpson Thacher & Bartlett we are proud to announce that we have assisted funds advised by Apax Digital in the MUSD 80 funding round for Xeneta AS
Xeneta AS is a software company providing the leading ocean and air freight rate benchmarking and market analytics platform. The latest funding round of MUSD 80 values the company at MUSD 265.
With the increasing level of freight rates and volatility in the current environment, Xeneta's solutions offers relief by giving customers access to the world's largest, neutral and most accurate data source of real-time, on-demand ocean and air freight rate market intelligence. Now, with Apax on board, Xeneta will be able to accelerate its investments in platform development and continue with its scaling towards global commercial teams.
Working together with the law firm Simpson Thacher & Bartlett, the core team from Wikborg Rein was led by Alexander Bernhard Wintervold, Karoline Stock Evje, Therese Trulsen and Ole Henrik Wille as responsible partner.
For further information about the funding round, please see: