On November 3, 2022, project44, the leading supply chain visibility platform, announced that it raised an $80 million funding round led by sustainable investment management firm Generation Investment Management and Denmark-based, privately held investment company A.P. Moller Holding. CMA CGM also joined the round, along with previous investors Goldman Sachs Asset Management, TPG, Emergence Capital, Chicago Ventures, Sapphire, 8VC, Sozo Ventures, and Omidyar Technology Ventures. Wilson Sonsini Goodrich & Rosati advised project44 on the transaction.

Today, project44 helps more than 1,200 companies achieve predictability, resilience, and sustainability across their global supply chains. Customers use project44 to ensure on-time delivery of shipments, proactively address supply chain disruptions, and move goods more efficiently. The proceeds from the funding will drive several key initiatives, including measuring and mitigating supply chain emissions globally, across all modes of transportation.

The Wilson Sonsini team that advised project44 on the transaction included:

Corporate
Michael Coke
Travis Scheft
Roy Argand
TJ Tingjie Li
Samuel Silverstein
Henry Yen

Employee Benefits and Compensation
Sriram Krishnamurthy
Michael Klippert

National Security
Joshua Gruenspecht
Anne Seymour

Antitrust
Todd Hahn

For more information, please see project 44’s news release.