WaveBL, a digital platform using proprietary blockchain technology to electronically transfer trade documents, has announced raising an additional new funding of US$11m from new investors. This additional amount will support the company to expand new offerings and solidify its position as an industry leader.
"With this latest investment, we have closed our 2023 financing round of US$37m, of which the latest Series B funding round of US$11m is a combination of equity and venture debt," stated Micha Shahaf, CFO at WaveBL.
