Belgian-founded SaaS platform for customs and trade compliance Customs4Trade (C4T) has raised €2 million in funding from 42CAP and 10x Group. The company plans to use the capital to expand its product team and build out a sales and marketing organisation.
C4T's platform, CAT, allows customers “to centralise, automate, and manage both regional and worldwide customs and trade compliance in-house,” it stated in a press release. It's a collaborative hub that can be used for managing of both regional and international customs and import/export processes. The company lists Honda Motor Europe, Isuzu Motors Europe, Agristo, and Reynaers Aluminium among its clients.