Blue ocean: financing platform 40Seas raises $11 million seed round

10 January, 2023


Congrats to our client ZIM Integrated Shipping Services, a leading global carrier of international shipping, in leading a strategic debt and equity investment in 40 Seas, a high flying FinTech startup which has established a platform to modernize cross-border trade financing.

Kobi Ben Chitrit and Liron Hacohen represented ZIM in its equity investment in the company while Simon Weintraub and Idan Adar represented ZIM in the negotiations of a credit facility of up to $100 million to bankroll the company’s operations.

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