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Marseille-based company Traxens has closed a Series C funding round worth close to EUR 20 million ($22.7M), with the purpose of launching a global large-scale sea-land fleet of IoT tracking solutions on vessels operated by its partner shipping companies, including CMA CGM and MSC.

Tuesday, 28 May 2019 15:41

Maersk joins Traxens

A.P. Moller – Maersk and Traxens have announced that Maersk will be joining CMA CGM and MSC Mediterranean Shipping Company as a key shareholder and customer of Traxens.

The CMA CGM Bougainville has become the first container ship in the world to be equipped with TRAXENS technology, which transforms containers into smart connected objects, the company reports.

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