Articles from New York Shipping Exchange
NYSHEX Announces First Close of Series C Funding Round Led by Collate Capital, Collaborating with ICE to Launch New Freight Rate Indices
The New York Shipping Exchange (NYSHEX), a leader in digital contracting and performance management for the container shipping industry, is excited to announce the first closing of its Series C funding round, led by Collate Capital. The round attracted significant participation from all major existing investors, including Growth Equity at Goldman Sachs Alternatives, NewRoad Capital, and Blumberg Capital. Intercontinental Exchange (NYSEICE), one of the world’s leading exchange operators, also participated in the round, solidifying a strategic collaboration with NYSHEX aimed at introducing freight rate indices for the shipping industry.
By New York Shipping Exchange · Via Business Wire · November 20, 2024