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Convoy heralds $260 million capital funding raise, bringing total value to $3.8 billion

The new funding includes: a $160 million Series E preferred equity round led by Baillie Gifford and funds and accounts advised by T. Rowe Price Associates, Inc.; a $100 million venture-debt investment from Hercules Capital, Inc.; and a new $150 million line of credit.
Source: logistics Mgmt

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