Venture Capital
Freight forwarder Flexport is now valued at $3.2 billion. That's after a $1 billion investment round led by the SoftBank Vision Fund. Founded in 2013, Flexport is already the 11th-largest freight forwarder in the world. Flexport has driven big-name investors into the less-than-thrilling world of logistics — Peter Thiel, Y Combinator, Google's GV, Bloomberg Beta, and even Ashton Kutcher. And now, the freight forwarder, which operates globally, can add another enviable investor to its list: SoftBank. The Japanese bank's Vision Fund just led a $1 billion investment round into Flexport, which is now valued at $3.2 billion.

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