Blockchain-based electronic bill provider WaveBL has completed a $26 million funding round, led by NewRoad Capital Partners.

BlockBeats news, on June 6th, according to prnewswire, blockchain electronic bill provider WaveBL completed a $26 million financing round, led by NewRoad Capital Partners, with participation from ZIM, Marius Nacht, Contour Venture Partners, Frank Sica and Techstars Central LLC, and Reefknot Investments. WaveBL, led by former technology leaders and experts from the Israeli Defense Forces, has become the leading digital platform for the electronic transmission of trade documents. WaveBL's proprietary blockchain technology enables instant, secure, and authenticated transmission of unique electronic trade documents, ensuring compliance with standard procedures and regulations.