Flexport and Freightmate AI Settle Trade-Secrets Suit; Freightmate Allowed to Continue Selling Products

Flexport sued Bellevue startup Freightmate AI for alleged trade-secret theft, but the parties reached a confidential settlement two weeks before trial allowing Freightmate to keep selling its products and resolving monetary claims; Freightmate’s founders previously worked at Flexport and the startup had raised about $5.65 million.

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