Shypple , the Rotterdam - based digital load forwarding platform , today herald that it has acquired Milestone , a drawing card in perishable logistics , becoming the first digital consignment forwarder in the marketplace for air and sea payload perishables . By connect forces with Milestone , Shypple adds capabilities to the platform , accelerates its revenue and net increase and increases its global presence , adding office staff in Asia , Central America and Europe . In addition , the technology - driven platform has announce raising € 25.5 million so far this year to accelerate growth and innovation in the freight forwarding industry .
Shypple accelerates gross and internet growth with Milestone acquisitionBy desegregate Milestone ’s capabilities into the platform , Shypple becomes the first digital forwarder for spoilable , simultaneously expanding its mien in Asia , with seven office in China , and locating throughout Europe and Central America . The gross is await to attain € 250 million by 2022 .
Milestone ’s knowledge and internet append inviolable new capabilities in air lading and perishable transport . At the same fourth dimension , Milestone customers migrating to the Shypple platform benefit from the digital freight forwarding capability that will future - proofread their business , while maintaining with existing trusted relationships .
€ 25.5 million to revolutionize the freight forwarding industryThe late closed “ Series A2 ” funding of € 18.5 million follows the other Series A financing announced in April 2021 , when € 7 million was raised . The investors involved in the initial Series A round , include Dutch Founders Fund , Newtown Partners ( via the Imperial Venture Fund ) , InnovationQuarter and BOM Brabant Ventures , also participate in the latest round , to increase their stakes in Shypple . The Milestone executive also participated in the raw funding with a multi - million - euro investment , showing their confidence in the future with Shypple .
" With Milestone we have tone up our potentiality in the perishables and aura freightage send on food market to a globally competitory stead , " said Jarell Habets , founder and chief operating officer of Shypple . " We ’re now able-bodied to serve the needs of large perishable goods shippers in Europe , Latin America and the Asian trade lanes , who are bet for a digital lading forwarding result . This is our path of continuing to innovate in the traditional world of the freight industry . "
" We are accelerating the digitalisation of our services by compound our knowledge of perishable transport with the digital capableness of Shypple , " said Co van Es and Juri Falandt , Founders & CEOs of Milestone . “ As a issue , our client like a shot benefit from the visibility , body and dependability that enables them to confidently optimize their planetary trading surgery . This is hugely important in an intercontinental market where efficiency and access to the latest freight information is essential . "
inspire the way the world tradesOver 90 % of global trade is channel by ocean and about 90 % of this payload forwarding business is split and heavily dependent on Excel spreadsheets , e-mail , telephone calls and other error - prostrate mode to communicate and cope business deal . Along with each watercraft , a crateful of paperwork is flown to the finish port wine , demonstrate that this $ 350 billion market is urgently longing for design , which Shypple is providing through its technology - labour platform .
For more entropy : www.shypple.comwww.milestonelogistics.nl
