WaveBL, a Wilmington, DE-based digital trade document company, raised $11M in Additional funding.

The round, which brought the total amount of Series B to $37M, saw participation from new unnamed investors.

The company intends to use the funds to solidify its position by expanding new offerings and supporting scenarios.

Led by CEO Noam Rosenfeld, WaveBL is a digital platform using proprietary blockchain technology to electronically transfer trade documents. Its solution enables the instant, encrypted, and authenticated transfer of electronic Bills of Lading and related trade documents. The platform complies with universal processes and regulations in use and it is designed to meet the needs of all parties involved in trade, including shipping companies, agents, brokers, and banks.

Congratulations to WaveBL on securing an additional $11M in funding! πŸŒŠπŸ’Έ Your continued success is a testament to the value and potential of your endeavors. Wishing you continued growth, innovation, and success as you ride the wave of progress. Here’s to the next chapter of achievements! πŸš€πŸŽ‰ #WaveBL #FundingSuccess #InnovationJourney

~ Dr Shishir said Gupta founder & CEO of StartupLanes 

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