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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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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 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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Data Integration North America Supply Chain Management Warehousing

Open Source Data Integration Company Closes $26 Million Series A Funding Round Led by Benchmark

– Airbyte, creators of the fastest-growing open source data integration platform, announced that it has raised more than $26 million in Series A funding led by Benchmark, with participation from additional investors including 8VC, Accel, SV Angel, and Y Combinator, as well as Shay Bannon, co-founder and CEO of Elastic, Auren Hoffman, co-founder of LiveRamp, and Dev Ittycheria, CEO of MongoDB.
Benchmark General Partner Chetan Puttagunta will also be joining the board of directors.
– Airbyte is establishing the new standard of moving and consolidating data from different sources to data warehouses, data lakes, or databases in a process referred to as extract, load, and, when desired, transform (ELT).

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North America Warehousing

Saltbox raises $10.6M to help booming e-commerce stores store their goods

– Saltbox, a co-warehousing startup, raised $10.6m in Series A funding.
– The round was led by Playground Global and joined by XYZ Venture Capital and Wilshire Lane Partners.
– Saltbox plans to use the new capital to expand into new markets.

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Freight Service Logistics North America Software Supply Chain Management Warehousing

Stord Announces Series C Led by BOND to Enable Cloud-Powered Distribution for Every Retailer

– Stord announced $65m Series C funding led by BOND, bringing total investment in the company to $100m.
– Stord is the company delivering a cloud supply chain for retailers and ecommerce brands.
– Stord will use the funds to continue to build its technology platform and logistics infrastructure to help brands deliver products to their customers faster and more efficiently than they can do on their own.
– Stord more than doubled its headcount in response to significant revenue growth. This year, Stord expects to more than double its 2020 revenue and continue to expand its world class team.

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Commercial Customer Service North America Transportation Warehousing

Second Closet Secures CAD$20M in Equity Financing

– Second Closet is a self-storage company based in Toronto, Canada.
– Company raised CAD$20m in equity funding.
– The round was led by Whitecap Venture Partners alongside new investor Intact Ventures with participation from MIG, Michael Hyatt, and Cowie Capital Partners.
– The new investment will be used to accelerate its B2B market development, expand its product development team, round out its leadership through new executive hires, and grow the team in other parts of the business.

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Logistics North America Supply Chain Management Warehousing

Flowspace Raises $31 Million to Expand Fulfillment Platform

– Flowspace, the fulfillment technology platform that’s disrupting the way that e-commerce companies store and ship their products, today announced $31m in new funding.
– The new Series B investment was led by BuildGroup of Austin, Texas with participation from existing investors.
– Founded in 2017, Flowspace has now raised a total of $46m that includes investment from Canvas Ventures, Industrious Ventures, Moment Ventures, 1984 Ventures, eGateway Capital and Y Combinator.
– Flowspace helps businesses manage their warehousing and fulfillment through its proprietary software platform which now runs in hundreds of partnering fulfillment centers across the US.

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Artificial Intelligence Computer Vision Logistics North America Robotics Software Warehousing

Nimble Robotics Raises $50M in Series A Funding

– Nimble Robotics, Inc. is a San Francisco, CA-based robotics and ecommerce fulfillment technology company.
– The company raised $50m in Series A funding.
– The round was led by DNS Capital and GSR Ventures with participation from Accel and Reinvent Capital, among others.
– The new investment will be used to further accelerate its hiring plans, product and technology development and scaling of robot deployments for its customers’ fulfillment operations.

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Data Integration North America Supply Chain Management Warehousing

Airbyte Secures $5.2M in Seed Funding

– Airbyte is a San Francisco, CA-based creator of an open-source data integration platform.
– The company raised $5.2m in seed funding.
– The round was led by Accel with participation from YCombinator, 8VC, Calvin French-Owen, co-founder of Segment, Charles Zedlewski, former general manager at Cloudera, Auren Hoffman, co-founder and CEO of LiveRamp and CEO Safegraph, Travis May, co-founder and CEO at Datavant, and Alain Rossmann, president at Machinify.
– The new investment will be used to expand operations and business reach.

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Human Resources Logistics North America Warehousing

A New Way to Work: Shift One Closes Seed Funding

– Shift One closed a $5.2m seed funding round led by City Light Capital and JAM Fund.
– The company was founded in 2019 by former Uber executives to address two fundamental challenges of the labor economy: the lack of a robust online marketplace for blue-collar jobs and a technology solution for companies looking to hire those workers.
– The company currently employs more than 25,000 workers and offers solutions in all 50 states and Latin America.
– Initially focusing on push-button solutions to quickly deploy entire teams of workers for last-mile logistics and delivery, e-commerce fulfillment and large-scale event management, Shift One is redefining the gig economy to build sustainable, long-term careers for workers and capital-efficient solutions for companies.

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Logistics North America SaaS Shipping Supply Chain Management Warehousing

E-Commerce Fulfillment Company ShipMonk Raises $65 Million

– ShipMonk is a leading provider of e-commerce fulfillment and technology solutions.
– The company raised $65m in growth equity from Periphas Capital.
– ShipMonk’s total funding exceeds $365m, including previous funding from SJF Ventures, Grotech Ventures and Supply Chain Ventures.

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Logistics North America Software Supply Chain Management Warehousing

Time-Critical Logistics Company Airspace Raises $38 Million

– Airspace is a technology platform revolutionizing time-critical logistics.
– The company raised $38m in Series C funding.
Telstra Ventures and HarbourVest Partners led the round.
– Other participants in the round include return backers Scale Ventures, Defy Partners, Qualcomm Ventures, and Prologis Ventures.
– Including this round, the company has secured a total of over $70m through 3 funding rounds.

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