Vahak raises $14mn in series A round led by Nexus Venture Partners

Deal takes total fundraise to $20 mn; Vahak is a free-to-use, open marketplace for shippers and transport SMEs to discover and connect with truckers to help with their transportation needs

Road transport marketplace Vahak announced on Tuesday that it has raised $14 million in a Series A round led by Nexus Venture Partners, and with participation from Foundamental, iSeed Ventures, Leo Capital, RTP Global, & Titan Capital.

Vahak has now raised a total of $20.3 million since its first round in March 2020. The funds will be used for rapid user-base expansion, building stellar tech infrastructure by incorporating AI, ML, Big Data, and providing additional