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Andersen advises Trucksters on closing 33 million Series B round

| News | Corporate Law and M&A

This is one of the largest rounds raised by a startup this year in Spain

Andersen has advised Trucksters on the closing of a 33 million Series B investment round, one of the largest raised by a startup this year in Spain and, at the same time, one of the largest in the Spanish road transport sector.

The Spanish startup that optimises long-distance freight transport has secured backing from Volvo Group Venture Capital, Continental's venture capital unit, the European Investment Bank (EIB) and FondICO

The company will use the capital injection to boost the electrification of its routes, strengthen its team, acquire new businesses, and further expand into new long-distance corridors.

Javier Bustillo, Partner in Andersen's M&A practice, together with Teresa García and Mayo Torres, Senior Associate and Associate, respectively, in the same department, were responsible for advising on the transaction.

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