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Artificial Intelligence Data Integration Logistics Machine Learning North America Productivity Tools Software

Altana AI Raises $15M Series A Investment to Build the Single Source of Truth On the Global Supply Chain

– Altana AI is helping enterprises, governments, and logistics providers navigate these changes by connecting them to a shared source of truth on the global supply chain.
– Altana AI has secured $15m in Series A funding, led by GV (formerly Google Ventures).
Floating Point, Ridgeline Partners, and existing investors Amadeus Capital Partners and Schematic Ventures joined the round.

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Automotive Electric Vehicle Last Mile Transportation Logistics Western Europe

Volta Trucks raises €37 million to bring electric delivery trucks to the streets of London and Paris

– Volta Trucks, an EV startup, raised $44m funding.
– The round was led by Luxor Capital Group and returning investor Byggmästare Anders J Ahlström Holding of Stockholm.
– New investors included U.S. electric truck and battery manufacturer Proterra and supply chain management company Agility.
– The company plans to pilot the trucks in London and Paris.

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E-Commerce Industrial Automation Logistics North America Robotics Warehousing

Locus Robotics just raised another $50M

– Locus Robotics, a warehouse and fulfillment robotics company, raised $50m funding.
– The round was led by Tiger Global and joined by existing investors.
– It brings Locus to a valuation of $1.5 billion.
– Funding will be used to further expand Locus’ global operations.

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E-Commerce Logistics Shipping Western Europe

Sendcloud Raises $177 Million in Series C Funding to Accelerate Growth of its All-In-One Shipping Platform

– Sendcloud announced it has closed a $177m Series C financing.
– The funding round was led by Softbank Vision Fund 2 with a significant strategic investment from L Catterton and participation from HPE Growth.
– Sendcloud helps online businesses fully optimize their shipping process while delivering a superior end-shopper experience.

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Apps Information Technology Logistics Mobile Apps North America Software Transportation

Clockwork Logistics Systems Raises $5.5M in Seed Funding

– Clockwork Logistics Systems, a Proof of Delivery (POD) data logistics platform based in Newark NJ, raised $5.5M in Seed funding.
– The round was led by Newtown Partners with participation from Newark Venture Partners, PSA UnboXed, Vineta Ventures and Estes Final Mile.
– The company intends to use the funds to expand operations and business reach.

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Financial Services FinTech Logistics Western Europe

Vector.ai’s productivity platform for freight forwarders raises $15M A round led by Bessemer

– Vector.ai, a freight forwarding platform, raised $15m in Series A funding.
– The round was led by Bessemer Venture Partners and joined by existing investors Dynamo Ventures and Episode 1.
– The company plans to accelerate its international expansion plans as an automated system for freight forwarders.

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Aerospace Fuel Logistics North America Space Travel

Aerospace primes Northrop, Lockheed join in Orbit Fab’s over $10M funding round

– San Francisco-based startup Orbit Fab raised $10m in funding.
– The round was led by Asymmetry Ventures, with participation from SpaceFund and new investors Marubeni Ventures and Audacious Venture Partners.
– Notably, both Northrop Grumman Corporation and Lockheed Martin Ventures also participated
– The company plans to launch a refueling trial that’s due to launch as early as the end of 2022.

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Analytics Logistics Machine Learning SaaS Southeast Asia

Portcast gets $3.2M to create more transparent and sustainable supply chains

– Portcast, a logistics operating system, raised $3.2m in pre-Series A funding.
– The round was led by Newtown Partners, with participation from Wavemaker Partners, TMV, Innoport and SGInnovate.
– Based in Singapore, Portcast serves clients in Asia and Europe.

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Logistics Software South Asia Supply Chain Management

Elixia Tech Raises USD 1M in Pre-Series A Funding

– Elixia Tech from Mumbai is a supply chain tech startup.
– Company raised USD1M in Pre-Series A funding.
– The round was led by Rajasthan Venture Capital Fund.
– The company intends to use the funds to scale up its presence in both domestic and international markets.

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Delivery Service Freight Service Last Mile Transportation Logistics North America SaaS

OneRail Raises $9M Series A Round Led by Ironspring Ventures to Leverage Record 10x YoY Revenue Growth in Final Mile Delivery Fulfillment

– OneRail has closed a $9m Series A investment led by Ironspring Ventures.
– The round was joined by new investors Gaingels and the company’s current investors, including Chicago Ventures, Bullpen Capital, Las Olas Venture Capital, CreativeCo Capital and Alpine Meridian Ventures.
– OneRail solves final mile delivery logistics more comprehensively than any other offering in the space, with a 3-in-1 approach firmly establishing them as the top-tier solution for Retailers, Healthcare Networks and Product Distributors, as well as the Construction and Materials ecosystem.
– The new capital investment in OneRail will accelerate the company’s rapid growth in the final mile logistics market that contributes $417 billion annually to GDP in the United States alone.

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Courier Service Delivery Delivery Service Logistics Same Day Delivery Transportation Western Europe

Borzo Raises $35M In Series C Funding

– Borzo (FKA Dostavista) is a Moscow, Russia-based crowdsourced same-day delivery service operating globally.
– The company raised $35M in Series C funding.
– Investors include Mubadala, VNV Global, RDIF and others.
– The new investment will be used to strengthen the company’s position on the international market under the Borzo brand and develop new products.

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Business Intelligence Logistics North America Software Supply Chain Management

Trax Receives Growth Financing From Accel-KKR Credit Partners

– Trax Technologies, an Irving, Texas-based global transportation spend management and payments company serving global shippers with logistics ecosystems, received debt financing from Accel-KKR Credit Partners.
– Led by Hamp Wall, CEO, Trax is a global leader in Transportation Spend Management solutions combining cloud-based applications with expert services to allow customers to manage and control their global transportation costs and drive enterprise-wide efficiency.
– The financing will support Trax’ next stage of growth.

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Analytics Enterprise Software Information Technology Logistics North America Software

Stonehenge Technology Labs bags $2M, gives CPG companies one-touch access to metrics

– Stonehenge Technology Labs, a commerce enhancement software company, raised $2m in seed funding.
– The round was led by Irish Angels, with participation from Bread and Butter Ventures, Gaingels, Angeles Investors, Bonfire Ventures and Red Tail Venture Capital.
– The company is based in Bentonville, Arkansas.

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B2B Logistics Marketplace Mining North America Software Supply Chain Management

Felux Raises $5.1M in Seed Funding

– Felux is a B2B marketplace and supply chain platform for the steel and industrial industry.
– Company raised $5.1m in seed funding.
– The round was led by Expa, with participation from 8VC and Lightbank.
– The new investment will be used to continue expanding operations and business reach.

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B2B E-Commerce Internet Logistics Mobile Payments Retail Sub-Saharan Africa

Alerzo raises $10.5M Series A to bring Nigeria’s informal retail sector online

– Alerzo, a B2B e-commerce retail startup, raised $10.5m in Series A funding.
– The round was led by Nosara Capital and joined by FJ Labs and several family offices from the U.S., Europe and Asia.
– The company has raised more than $20m since its launch.

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Customer Service E-Commerce Logistics Southeast Asia

RaRa Delivery gets $3.25M for its ambitious on-demand delivery plans in Indonesia

– RaRa Delivery, a logistics company, raised $3.25m in seed funding.
– The round was led by Sequoia Capital India’s Surge program and East Ventures.
– Other participants included 500 Startups, Angel Central, GK Plug and Play and angel investors Royston Tay and Yang Bin Kwok.
– RaRa Delivery is a logistics company that relies on a proprietary engine that batches orders and optimizes delivery routes based on data like real-time traffic information.
– It currently operates in Greater Jakarta and is getting ready to expand into five other Indonesian cities this year.
– RaRa Delivery’s goal is to integrate with all major marketplaces in Indonesia, so sellers can offer it as a delivery option to customers.
– It also partners with brands, small e-commerce businesses and seller aggregators.

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Delivery Logistics South Asia

Pakistan’s Airlift raises $85 million for its quick commerce startup, eyes international expansion

– Airlift, a Pakistani startup, raised $85m in Series B funding.
– The round was led by 20VC and Buckley Ventures and joined by Sam Altman, Biz Stone, Steve Pagliuca, Jeffrey Katzenberg, Taavet Hinrikus, Stanley Tang, Simon Borrero, Bastian Lehmann, and Quiet Capital and Indus Valley Capital.
– The startup plans to use the new funding to expand its operations in Pakistan and other South Asian countries.

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Cannabis Information Technology Logistics Manufacturing North America Supply Chain Management

California Cannabis Startup Radiant Canna Raises $6M, Targets Multi-State Expansion

– Radiant Canna closed a $6M Seed Round investment.
– The round was led by D4 Investments, the investment arm of D4 LLC, part of the family office of James Kinsella and Robert McNeal. Other investors in the seed round include Donald Kivowitz and Charles Putnam, as well as Emles Venture Partners and West Creek Investments.
– The company provides tech-forward manufacturing and distribution services in California to multi-award-winning brands, including Mendocino Grasslands, Ahti Hash, SOG Army, Wonder Extracts, Arcanna, Woodstock Heritage Strains, Ridgetop Botanicals, Madame Munchie, and its own in-house extracts brand, Cosmic.

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Internet Logistics Music North America

DistroKid Receives Investment From Insight Partners, Valued at $1.3 Billion

– DistroKid from New York develops online tools and services for music distribution, monetization, metadata customization, storage, and promotion.
– The amount of the deal was not disclosed.
– Company received an investment from Insight Partners.
– The new investment will be used to accelerate development of its suite of tools for musicians.

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Construction Logistics North America Software Supply Chain Management

Construction procurement platform Agora nabs $30M

– Agora, a construction procurement platform, raised an additional $33m series B funding, bringing total investment to $44m.
– Investors include Tiger Global, 8VC, Tishman Speyer, Suffolk Construction, Jerry Yang, Michael Ovitz, LeFrak, and Kevin Hartz.
– The company helps contractors streamline the paperwork required for ordering and tracking construction materials, an area expected to see an uptick in the wake of the new infrastructure bill in the U.S.
– The company’s software complements other construction digital twins tech by improving the material management aspects to increase time on tools.
– The investment will help boost its staff and R&D efforts.

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Logistics North America Supply Chain

Ryde Raises £2.5M in Funding

– Ryde, formerly known as Ryders, is a London, UK-based SaaS last-mile delivery platform provider.
– The company raised £2.5m in funding.
– The round was co-led by Forward Partners and Triple Point, with participation from current investors Seedcamp and Swiss Founders Fund and angels, including Michael Pennington (Gumtree), Will Neale (Fonix), Matt Robinson (Go Cardless) and Ines Ures (former Deliveroo CMO).
– The new investment will be used to continue to expand operations and its business reach.

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E-Commerce Logistics SaaS Software Southeast Asia Supply Chain Management

Parcel Perform Raises US$20M in Series A Funding

– Parcel Perform from Singapore develops a cloud-based delivery experience platform for e-commerce businesses worldwide.
– The company raised $20m in Series A funding.
– The round was led by Cambridge Capital, with participation from new investor SoftBank Ventures Asia and existing investors Wavemaker Partners and Investible.
– The new investment will be used to establish a regional headquarters in North America and grow to 150 employees globally by the end of the year.

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Artificial Intelligence Fleet Management Last Mile Transportation Logistics Mobile Apps North America Same Day Delivery Software Transportation

Metrobi Raises Seed Funding

– Metrobi, a Boston, MA-based tech-powered fulfillment solution for local food and beverage wholesale, raised a seed funding round of undisclosed amount.
– The round was led by 212.vc with additional institutional funding from Techstars. Previous investors include Walnut Ventures, TBD Angels as well as notable angel investors.
– The company intends to use the funds to expand its solution into new markets and build additional technology for its customers.

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Aerospace Logistics North America Robotics

Autonomous cargo drone startup Elroy Air lands $40M Series A

– Elroy Air, an autonomous cargo drone company, raised $40m funding.
– It brings Elroy’s total raised to $48m to date.
– The company was founded by David Merrill and Clint Cope.
– Elroy is focused on building what Kofi Asante, Elroy’s VP of strategy and business development, called “a dual-use system,” fit for both the defense industry and the commercial market.
– Elroy’s flagship autonomous cargo aircraft, Chaparral, is designed to fly at a 300-mile range, carry 300-500 pounds of cargo and have automated flying and cargo handling capabilities.

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Information Technology Internet Logistics Marine Technology Marine Transportation Sub-Saharan Africa Supply Chain Management Transportation

Nigerian digital freight provider MVX lands $1.3M to help shippers move cargoes faster

– MVX, a Nigerian-based digital freight company, raised $1.3m in seed funding.
– MVX raised money for its seed round from Africa-focused firms Kepple Africa, The Continent Venture Partners, Founders Factory, Launch Africa, and Capital Oak.
– Some angel investors in the U.S., Japan, Nigeria, and South Africa also participated.
– MVX plans to use the funding to expand its operations in Nigeria and other African countries.

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Automotive Eastern Asia Freight Service Logistics Transportation

Inceptio Technology Raises US$270M in Series B Financing

– Inceptio Technology is a Shangai, China-based autonomous driving truck technology and operating company.
– Company closed a US$270m Series B equity financing.
– The round was led by JD Logistics (02618.HK), Meituan (03690.HK), and PAG with participation from Deppon Express (603056.SH), IDG Capital, CMB International, SDIC, Mirae Asset, Eight Roads, and Broad Vision Funds, as well as existing shareholders GLP Hidden Hill Capital, CATL (300750.SZ), NIO Capital and Eastern Bell Capital.
– The company intends to use the funds to accelerate the development of its self-developed full-stack autonomous driving system “Xuanyuan”, and speed up its deployment in electrification.

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E-Commerce FinTech Logistics Payments Southeast Asia

VNLIFE Announces Series B Funding Round Led by General Atlantic and Dragoneer

– VNLIFE has raised over $250m in a Series B funding round led by General Atlantic and Dragoneer Investment Group, with participation by PayPal Ventures and EDBI.
– Existing investors GIC and SoftBank Vision Fund 1 also participated in the round.
– The investment is expected to accelerate the growth of VNLIFE’s existing businesses and support its development of new platforms and technologies to better serve its merchant partners and Vietnamese consumers.
– VNLIFE intends to use the funding to further capitalize on the vast market opportunities in an increasingly digital Vietnam by continuing to expand its sustainable, diversified and multi-disciplinary digital ecosystem.

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E-Commerce Industrial Automation Logistics Machine Learning North America Robotics

InVia Robotics raises $30M for warehouse robotics push

– InVia Robotics, an industrial robotics company based in Los Angeles, California, announced it has raised $30 million in a series C round co-led by Microsoft’s M12 and Qualcomm, with participation from Hitachi.
– InVia says the new equity funding will be used to support its growth, specifically through adopting Qualcomm’s Robotics RB5 Platform and drawing on AI expertise from Hitachi and Microsoft.
– Companies are increasingly determined to improve warehouse automation in light of pandemic-related supply chain challenges. A recent Honeywell survey found that 14% of enterprises rank improving automation within their facilities as a top priority, while 37% rank it among their top three near-term goals. A separate report published in Forbes found that 96% of warehouse executives expect the warehouse automation value proposition to increase over the next three years.

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Delivery Health Care Information Technology Logistics North America Software

Qler Telehealth Raises $7.4M in Series B Funding

– QLER Telehealth is a Reston, VA-based on-demand psychiatry partner.
– Company raised $7.4m in Series B funding.
– The round was led by MedEquity Capital with participation from Relevance Ventures.
– The new investment will be used to continue the national buildout of its dedicated group of employed psychiatrists who partner with regional health systems across the country, to expand its growth team and partner success infrastructure.

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B2B E-Commerce Internet Logistics Marketplace Southeast Asia Supply Chain Management

Indonesian B2B marketplace GudangAda raises more than $100M in new funding

– GudangAda, a Jakarta-based marketplace that brings wholesalers closer to retail stores and other buyers, announced it has closed a Series B of more than $100 million.
– The company says the round was oversubscribed, passing its initial target of $75 million.
– The funding was led by Asia Partners and Falcon Edge, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners.
– This brings GudangAda’s total raised so far to about $135 million.
– Its last funding was a $25.4 million Series A last year, led by Sequoia Capital India and Alpha JWC.
– Founded in January 2019, GudangAda is now used by half a million SMEs and covers 500 cities in Indonesia.

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Information Services Internet Logistics South Asia Supply Chain Management Transportation

India’s BlackBuck valued at $1 billion in $67 million fundraise

– BlackBuck, a freight and logistics startup, raised $67m in Series E funding.
– The round was led by Tribe Capital, IFC Emerging Asia Fund and VEF.
– It brings the startup to a valuation of $1.02bn.
– The startup has developed a simplified app for truck drivers in India, who are typically not very literate, to help them accept work and easily navigate to their destination using Google Maps.
– On the client side, businesses can fire up a similar app to place orders.

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Delivery Service Hospital Logistics Mobile North America Real Estate

Fetch Package Raises $60M in Funding

– Fetch Package, an Austin, Texas-based last-mile package delivery service for apartment communities, raised $60m in funding.
– The $50m Series C equity funding round was led by Ocelot Capital with participation from Greenpoint Partners, Alpaca VC and Rose Park Advisors and existing investors Iron Gate Capital, Signal Peak Ventures, Venn Ventures, Pando Ventures, and Seamless.
– The company intends to use the funds to continue to scale its business by opening in 24 new major markets over the next two years as well as continuing to expand to new locations within existing markets.

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E-Commerce Logistics North Africa and the Middle East

Egyptian social e-commerce platform Taager raises $6.4M led by 4DX Ventures

– Taager, a social e-commerce platform, secured $6.4m in seed funding.
– The round was led by Pan-African focused VC 4DX Ventures.
– It also included participation from Raed Ventures, Beco Capital, Breyer Capital and some private investors, including Magnus Olsson, co-founder of Careem.
– This is Breyer Capital’s first investment in the MENA region.

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Logistics North America Public Safety Supply Chain Management

Verve Motion Raises $15M in Series A Funding

– Verve Motion is a wearable robotics startup based in Cambridge, MA.
– The company raised $15M in Series A funding.
– The round was led by Construct Capital with participation from Founder Collective, Pillar VC, Safar Partners, OUP and a number of angel investors.
– The new investment will be used to expand operations and business reach.

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Logistics Transportation Western Europe

Trucksters Closes $6.3M in Series A Funding

– Trucksters, a Madrid, Spain-based freight transport operator, raised €6.3M in Series A funding.
– The round was led by Kibo Ventures, with participation from Amplifier and Bonsai Partners.
– The company intends to use the funds for international expansion, building its presence in Benelux, Germany, and Poland, offering a wider range of routes to their existing and future clients, and growth of the team.

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Logistics South Asia Transportation

Vahak Raises $5.3M in Pre-Series A Funding

– Vahak is an Indian marketplace for road transport businesses and individual commercial vehicle owners.
– The company raised $5.3m in pre-Series A funding.
– The round was led by RTP Global with participation from Luxor Capital and Leo Capital with participation from Kunal Shah, Founder and CEO, Cred; Jitendra Gupta, Founder and CEO, Jupiter; Vidit Aatrey and Sanjeev Barnwal, Co-Founders, Meesho; Mohd Farid, Co-Founder, Sharechat; Amrish Rau, CEO, Pine Labs; Harsimarbir Singh, Co-Founder, Pristyn Care; Rohit and Kunal Bahl, Co-Founders, Snapdeal; and Ravish Naresh, Co-Founder and CEO, Khatabook.
– The company intends to use the funds to strengthen the team and technological capabilities, as well as to expand its customer and network base.

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E-Commerce Logistics Supply Chain Management Western Europe

byrd Raises €16M in Series B Funding

– byrd, a Vienna-based tech-driven digital logistics and fulfilment platform, raised €16m in Series B funding.
– The round was led by new investors Mouro Capital, with participation from Speedinvest, Verve Ventures, Rider Global and VentureFriends.
– The company intends to use the funding to hire talent and scale offices already serving existing markets in Austria, France, Germany, and the UK, and expand its fulfilment network into five new geographies in eastern, northern and southern European markets.

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Developer APIs E-Commerce Last Mile Transportation Logistics Marketplace Shipping Software Supply Chain Management Warehousing Western Europe

ShippyPro Raises $5M in Series A Funding

– ShippyPro from Florence, Italy raised $5m in Series A funding.
– The round was led by Five Elms Capital.
– The company plans to use the funds to continue hiring and reach 150 employees in the next 12 months, to execute on its product roadmap, which includes releasing new features to help customers optimize their fulfillment processes and save budget on logistics spend, including functionality that will focus on the CO2 impact of deliveries.

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E-Commerce Logistics Southeast Asia Supply Chain Management

E-commerce logistics startup Locad gets $4.9M seed round led by Sequoia Capital India’s Surge

– Locad, a startup that wants to help with what it describes as an “end-to-end solution” for cross-border e-commerce companies, announced it has raised a $4.9 million seed round.
– The funding was led by Surge (Locad is currently a part of the program’s fifth cohort), with participation from firms like Antler, Febe Ventures, Foxmont, GFC and Hustle Fund.
– It also included angel investors Alessandro Duri, Alexander Friedhoff, Christian Weiss, Henry Ko, Huey Lin, Markus Bruderer, Dr. Markus Erken, Max Moldenhauer, Oliver Mickler, Paulo Campos, Stefan Mader, Thibaud Lecuyer, Tim Marbach and Tim Seithe.

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Cannabis Logistics North America Software Supply Chain Management

Nabis Secures $23M in Series B Funding

– Nabis is a licensed cannabis wholesale marketplace platform.
– Company raised $23m in Series B funding.
– The round was led by FJ Labs, Artemis Growth Partners, Silverleaf Venture Partners, Liquid 2 Ventures and Stanley Tang (Co-Founder, DoorDash).
– Investors in the $5m Series A raise, which closed less than a year ago, included Y Combinator and Babel Ventures.

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Air Transportation Artificial Intelligence Latin America Logistics Marine Transportation Software Transportation

Nowports raises $16M to build the OS for LatAm’s shipping industry

– Nowports, an automated digital freight forwarder in Latin America, has raised $16m in Series A funding.
Mouro Capital led the round for the Monterrey, Mexico-based startup.
Foundation Capital also participated in the financing, which included participation from existing backers Broadhaven Ventures, InvestoVC, Monashees, Base10 Partners and Y Combinator.
– A number of angels also put money in the round, including Justo.mx founder Ricardo Weder, Carlos Salinas from Luuna and Tinder co-founder Justin Mateen.
– The investment brings Nowports’ total raised since its 2018 inception to over $24m.

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E-Commerce Logistics Mobile North America SaaS Shipping

ShipBob Pulls In $200M Series E Financing

– ShipBob, a provider of cloud-based logistics solutions for small and medium-sized businesses, announced $200m in funding.
– The funding was led by Bain Capital Ventures with participation from prior investors including SoftBank, Menlo Ventures, Hyde Park Venture Partners, Hyde Park Angels and Silicon Valley Bank.
– ShipBob is designed for small and medium-sized ecommerce businesses, providing them with world-class fulfillment capabilities.

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Drones Logistics North America Robotics

Zipline raises $250M at $2.75B valuation to build out its instant logistics service

– Drone delivery startup Zipline raised $250m funding.
– It brings Zipline to a valuation of $2.75 billion.
– The company plans to deliver 2.4 million doses of the COVID-19 vaccine by the end of the year.

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E-Commerce Logistics North America Software Warehousing

ShipHero Raises $50M in Funding

– ShipHero from NYC develops an e-commerce fulfillment and logistics platform.
– The company raised $50m in funding.
– The round was led by Riverwood Capital with participation from existing investors including Greycroft, RRE Ventures, and Spark Capital.
– The new investment will be used to accelerate the company’s product roadmap and consolidate its leadership in enabling brands and mid-large merchants to manage their e-commerce shipping and fulfillment needs.

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Australia and Oceania Courier Service Delivery Logistics

Sendle Raises $35M in Series C Funding

– Sendle, a Sydney, Australia- and Seattle, WA-based carbon neutral shipping carrier for small business, raised $35m in Series C funding.
– The round was led by AP Ventures alongside returning investors including Federation, Full Circle and NRMA.
– The company intends to use the funds to build out its U.S. network of logistics, delivery, and technology partners.

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Freight Service Logistics Real Time Shipping Software Supply Chain Management Transportation Western Europe

Forto Raises $240 Million in Funding Led by SoftBank Vision Fund 2 at $1.2 Billion Valuation

– Forto has successfully raised $240M in an investment round.
– The round was led by SoftBank Vision Fund 21, with participation from Citi Ventures and G Squared, and strong backing from existing investors including Northzone, Inven Capital, Cherry Ventures, and Unbound.
– With this round, Forto’s valuation now stands at $1.2B.

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Delivery E-Commerce Last Mile Transportation Latin America Logistics Supply Chain Management

Uello Raises USD 4M in Series A Funding

– Uello, a logtech startup from Sao Paulo, closed its $4m Series A funding.
– The round was led by Btomorrow Ventures (BTV), followed by Capital Lab and Invest Tech.
– The company intends to use the funds to develop of new products and an innovative technological solution to manage the logistics of companies that have their own operation, expand its geographical operations and hire a qualified team.

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Fleet Management Logistics North America SaaS Transportation

KeepTruckin Raises $190 Million in New Funding

– KeepTruckin has raised $190 million in new funding from G2 Venture Partners, Index Ventures, Greenoaks, IVP, Scale Venture Partners, funds managed by BlackRock, and several other leading investors.
– The round values KeepTruckin at over $2 billion.
– The new capital will support KeepTruckin’s strategic priorities by allowing it to continue building innovative AI-powered products, recruiting top-tier talent, and scaling rapidly to meet the needs of businesses that power the physical economy.
– KeepTruckin’s 400,000-strong network of connected vehicles is one of the largest in North America.

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Agriculture Energy Logistics North America Renewable Energy Shipping Broker Trading Platform Waste Management

EnMass Energy Raises $2.15M in Funding

– EnMass Energy from Durham NC develops a digital procurement and operations platform for global waste-to-energy supply chains.
– The company raised $2.15M in funding.
– The round was led by Blue Bear Capital, with participation from Looking Glass Capital, and Climate Cloud.
– The new investment will be aimed at launching an online marketplace for waste to energy procurement.

Source
Delivery Enterprise Enterprise Applications Enterprise Software Internet Logistics North Africa and the Middle East SaaS Software Supply Chain Management

Bringg, a delivery and fulfillment platform used by Walmart, nabs $100M

– Delivery logistics and fulfillment platform Bringg announced it has raised $100 million in a round of funding led by Insight Partners.
– The series E round gives Bringg a valuation of $1 billion.
– The raise comes as companies across just about every sector have been forced to change how they operate, with the retail industry in particular relying heavily on delivery and logistics infrastructure to continue trading during the pandemic.
– Founded in 2013, Bringg aims to help businesses compete with Amazon. To do so, Bringg’s modular platform enables retailers of any size to choose which tools they need — such as curbside pickup or last-mile delivery — to ensure they get goods from their warehouse to the consumer by tapping into local logistics providers.
– This includes real-time tracking and intelligent routing to optimize the path from seller to buyer.

Source
Artificial Intelligence Big Data Blockchain Logistics Machine Learning Risk Management Supply Chain Management Western Europe

Circulor Raises $14m Series A to Lead the Future of Sustainable Supply Chain Traceability

– Circulor, the leading provider of supply chain traceability and dynamic CO2 tracking, announced it has closed $14m in Series A funding to accelerate the company’s rapid growth.
The Westly Group led the round with participation from Salesforce Ventures, BHP Ventures, Future Positive Capital, 24Haymarket and Sky Ocean Ventures.
– Existing investors in the company include Boeing HorizonX, Volvo Cars Technology Fund, Jaguar Land Rover’s CVC arm, InMotion Ventures, SYSTEMIQ, Plug and Play and TotalEnergies Ventures.
– Steve Westly, Founder and Managing Partner of The Westly Group, will join the Circulor board.
– Circulor will use the investment to drive ongoing innovation and extend its presence in North America and Asia.

Source
E-Commerce Logistics North America

E-commerce boom lifts another startup as Shipium lands $8M to help retailers keep up with Amazon

– Shipium, an e-commerce software startup, raised $8m in funding.
Trilogy Equity Partners led the round. Zulily co-founder Darrell Cavens invested, along with PSL Ventures and Good Friends.
– Total funding to date is $10 million.

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Logistics North America Risk Management Supply Chain Management Transportation

Overhaul Raises $35M in Series B Funding

– Overhaul, an Austin TX-based company provider of software-based, supply-chain visibility, integrity, and security solution, raised $35M in Series B funding.
– The round was led by Macquarie Capital with participation from Edison Partners and Avanta Ventures (venture arm of CSAA Insurance Group).
– The company will use the funds to accelerate its roadmap in continuing to optimize its current products.

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Artificial Intelligence Enterprise Software Information Technology Internet of Things Logistics Software Supply Chain Management Western Europe

Nexxiot Raises $25M in Funding

– Nexxiot, a Zurich, Switzerland-based supply chain digitization company, raised $25M in funding.
– The round was led by QVIDTVM.
– The new investment will be used to further improve the company’s technology and expand to North America.

Source
Courier Service Delivery Service E-Commerce Freight Service Logistics Southeast Asia Transportation

Flash Group Raises $150M in Funding

– Flash Group is a logistics startup from Bangkok, Thailand.
– The company raised $150m in Series D+ and Series E funding.
– The Series D+ was led by SCB10X with participation from Thailand’s Chanwanich Security Printing Company.
– The Series E round was led by Buer Capital with participation from existing investors SCB10X, eWTP Capital, PTTOR, TCP Group’s Durbell, and Krungsri Finnovate.
– The company intends to use the funds to expand operations and its development efforts and grow its business reach.

Source
Delivery Service E-Commerce Grocery Logistics Mobile Apps North Africa and the Middle East

Getir Raises $550M in Series D Funding at $7.5 Billion Valuation

– Getir from Istanbul develops a grocery delivery app.
– Series D $550m funding round brings company valuation to $7.5b.
– The round was led by Silver Lake, DisruptAD, Mubadala and insiders Tiger Global and Sequoia Capital.
– The new investment will be aimed at further expansion into the United States.

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Autonomous Vehicles Logistics North America Ride Sharing Transportation

Faction Raises $4.3M Seed Round

– Faction Technology from Silicon Valley is a startup that develops driverless solutions based on light electric vehicles.
– The company announced the completion of $4.3m in seed funding led by Trucks Venture Capital and Fifty Years.

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Big Data Data Visualization Logistics Software South Asia

Locus raises $50 million in Series C funding led by GIC with participation from Qualcomm Ventures and existing investors

– Locus, a future-ready platform that automates supply chain decisions, today announced that it has raised $50 million in Series C funding led by GIC, Singapore’s sovereign wealth fund, with participation from Qualcomm Ventures LLC and existing investors Tiger Global and Falcon Edge.
– Noted angel investors Amrish Rau, CEO of Pine Labs, Kunal Shah, CEO of Cred, Raju Reddy, founder of Sierra Atlantic, and Deb Deep Sengupta, former President & MD, SAP South Asia, also participated in the round.
– Locus will majorly use the funds for improving geographical reach and building its research and development team to expand the product line.

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Freight Service Industrial Automation Logistics Shipping Western Europe

sennder Raises Additional in $80M Series D Funding

– sennder is a digital freight forwarder based in Berlin.
– Company raised $ 80m in Series D funding round.
– The round was led by Baillie Gifford with participation from new backer as well as existing investors.
– The funding will be used to accelerate growth across Europe, further expand into new regions and drive research and development into the automation, digitalization and decarbonization of road freight.

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Developer APIs E-Commerce Freight Service Logistics North America Shipping

Arta Raises $4.5 in Funding

– Arta is a New York-based company which specializes in logistics software and fulfillment services for high-value, goods and collectibles.
– The company raised $4.5M in funding.
– The round was led by Corazon Capital, Gaingels Ventures and Flight.VC.
– The new investment will be used to accelerate product development.

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