Israeli logistics AI startup Amphorica partners with Swiss investor Falco Capital to accelerate growth

Israeli logistics AI startup Amphorica partners with Swiss investor Falco Capital to accelerate growth

Published: 18-11-2021 09:14:00 | By: Pie Kamau | hits: 4741 | Tags:

Falco Capital and Amphorica jointly announced the closing of a capital investment and cooperation agreement. As part of the agreement, Amphorica appoints Falco Capital partner Peter Salzer, as Director of the company's board.

Raviv Yatom, Co-founder and Chief Technology Officer, Amphorica: "We are thrilled to have Falco Capital as an added-value investor. Falco Capital not only provides financial resources, but the team brings highly relevant experience and extensive industry network for our accelerated growth." 

Ferdinando "Nani" Falco Beccalli, Partner, Falco Capital: "Amphorica's founding team and mission are well aligned with our own investment philosophy and outlook. We are looking forward to working with Amphorica to achieve high-value, mutually beneficial results in both the short term and the long term."

The specific details of the agreement remain undisclosed, but the parties confirm that, as lead investor in Amphorica's current round, Falco Capital has already contributed to a significant increase in the startup's valuation and is expected to help driving Amphorica's international growth and profitability.

www.amphorica.com