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Information Technology and Services North America

Trava Raises $3.5M in Seed Funding

– Trava Raises $3.5M in Seed Funding.
– The round was led by TDF Ventures with participation from High Alpha Capital and M25.
– The new funding will be used to invest in data science and machine learning expertise to accelerate development of its insurance analytics platform.

Source
Information Technology and Services North America

Baton Announces $10.5M Series A Funding

– Baton, an autonomous trucking company, has closed a $10.5m Series A round of funding.
– The round was co-led by 8VC and Maersk Growth–the corporate venture arm of AP Moller-Maersk, the global leader in transportation and logistics.
– Baton both paves the way for the adoption of autonomous vehicles in trucking and solves the largest and most well-known problem in the industry: the over two billion hours lost annually due to dwell and detention.

Source
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