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SUMMARY
The additional capital will take the total funding in the Series F round to $300 Mn to $ 310 Mn
The fresh capital is being raised at a valuation of $1.1 Bn to $1.2 Bn, same as during the $200 Mn fundraise in May
Of the total funding, around $250 Mn would be raised via secondary transactions and $50 Mn would be fresh fund infusion
Months after it entered the unicorn club, logistics giant Porter
is reportedly in advanced stages of raising an additional $100 Mn to $110 Mn in its extended Series F funding round.
The…
