In July, Adnavem raised its most substantial funding round to date, when it closed a $4m investment round led by Runa Capital, with Spintop Ventures joining as a new investor.
Runa Capital is a global fund focusing on software companies, present in Palo Alto, Berlin, Paris, London and Moscow. Spintop Ventures is a Swedish venture fund that focuses on software-based technology companies in the Nordics.
“Adnavem has a unique and highly scalable proposition to disrupt container freight logistics and provide high value not only to their customers but also to the other value-adding participants in the container logistics supply chain. The business model is highly scalable making it possible to grow the company in a number of dimensions going forward making it a highly interesting investment,” says Sami Niemi, Partner at Spintop Ventures.