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Maersk funds Australian logistics start-up

Logistics tech start-up Ofload has scored $2.8 million of seed funding in a round led by the venture capital division of Danish shipping giant Maersk. The company was co-founded by former HelloFresh head of operations Geoffroy Henry. It connects small and medium-sized carriers with shippers, enabling shipments to be delivered more quickly and affordably by taking up what would have been empty space in delivery vehicles.

Despite launching only in February, the company is being used by more than 800 carriers, creating a fleet of 15,000-odd trucks nationwide that shippers can access simply, placing their goods in trucks that would have otherwise operated significantly below their capacity.

As reported by pe-insights.com, the funding round took place in the midst of the COVID-19 pandemic, between March and July 2020, with Global Founders Capital also taking part.


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