
Lightspeed and Alphabet's CapitalG back Fractile in £500M plus funding round
By Marcus Chen
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A German unicorn looking to digitise the traditional freight industry today said it had raised €228m in equity and debt, as it looks to expand its network and bolster its technology. Sennder is a so-called freight forwarder, connecting businesses needing to transport goods by road with available trucking companies. It has raised €73 million in equity from existing investors, led by Scanai, the Swedish transport company, and Poste Italiane, Italy's postal service. The €155m debt facility is split into three: a €100 million credit facility with Coface, a €40 million facility with the European Investment Bank (EIB) and a €15 million facility with Deutsche Bank. The new financing follows Berlin-based sennder raising €26 million in 2026. It is unclear what valuation its latest raise was made at. It was last publicly valued at around $2bn in 2022. Sennder leverages AI, software and data to modernise Europe’s fragmented road freight industry. Shippers use it to find trucks to transport goods