Beacon Raises $15M in Series A Funding

Beacon, a London, UK-based freight forwarding and supply chain finance company, raised over $15m in Series A funding.

Backers included Jeff Bezos, the founder and CEO of Amazon, and US venture capital firm 8VC.

The company intends to use the funds to continue to strengthen the team and invest in technology, while also increasing the international presence.

Founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both former Uber executives, who were joined by CTO Pierre Martin, previously at Amazon, Beacon is a digital freight forwarder which offers a full range of services, including global ocean, air and truck freight, together with supply chain finance, all of which can be accessed and managed on a single platform using AI, search, optimization, data science, cloud and automation technologies.



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