Flexport invests in companies from hot countries again

Flexport, known for investing in young startups from the near-equatorial zone, has reported two more investments.

One of them is OnePort 365, a startup that digitizes freight to, from and within Africa. The company has raised $5 million, a move that will help it reach new markets in Africa.

Flexport has also invested in B2B Oware, Pakistani warehousing and distribution startup. The company raised $3.3 million in a pre-seed round. It plans to use the funds to expand its staff, which will accelerate product development.