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-5.41389204698766E-05 0.000487250284229351 -0.00319419630772564 -0.00113691732986849 -0.00113691732986849 -0.000703805966109011 -0.00600942017216184 -0.0120188403443235
Stock impact report

Nuvocargo, a trucking managed marketplace, raises $5.3M in seed funding [TechCrunch Blog]

Meta Platforms, Inc. - Class A (FB) 
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US:NASDAQ Investor Relations: investor.fb.com/home/default.aspx
Company Research Source: TechCrunch Blog
U.S. companies rely on Mexican manufacturers for goods ranging from automotive and aerospace parts, to avocados and other produce, to electronics and furniture. But the trucking system that transports these things across the border relies on an inefficient mix of paper, phone calls, faxes and too many stakeholders who drive up costs.These snarls congesting border traffic are precisely whyNuvocargoInvestment came from both sides of the border. The round was co-led by Silicon Valley-based NFX and Mexico City-based ALLVP. And Nuvocargo marks the first deal forAntonia Rojas-Eing, the youngest female VC in Latin America, under ALLVP which she joined earlier this year as a partner.The seed round also saw participation from One Way Ventures, Maya Capital, Magma Partners, the co-founders of Rappi, the former CMO of Cabify, and other angels. The total includes earlier backing from Y Combinator, when Nuvocargo existed under a different name.Chhugani joined Y Combinator’s W18 class with a startu Show less Read more
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