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Written by Adriana Pulley
Australian truckload-sharing startup Ofload has raised $60 million for its digital road freight platform that sells access to empty truck space. The Series B raise was led by Singapore-based Jungle Ventures.
The investment signals the continued rise in popularity of shippers willing to pool together goods into one haul. In the US, the software-driven shared truckload platform Flock Freight reached unicorn status in October of last year. The company raised $215 million in Series D financing led by SoftBank Vision Fund 2.
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