Fleet, a startup focused on making international logistics less onerous for small companies, announced that it has raised a Series A of $10 million. The round was led by Lufthansa Cargo, the German airline’s air cargo subsidiary, with participation from new and returning investors Hunt Technology, UPS, UP2398 and 1517 Fund. Read More
Category: Logistics
Tradeshift Frontiers innovation lab hopes to drive blockchain adoption in the global supply chain
Today, Tradeshift, a procure-to-pay supply chain management platform for SMBs and enterprise, announced Tradeshift Frontiers. Frontiers is an innovation lab and incubator that will focus on transforming supply chains through emerging technologies such as distributed ledgers, artificial intelligence, and the internet of things. “The use cases we’re working through Frontiers cover… Read More
Natural home products startup Grove Collaborative bets niche wins over the Amazonization of everything
Who needs Amazon when you can make your own online distribution channel? At least, that’s the idea behind Grove Collaborative, a natural home care products company that ships natural cleaning brands like Method and Mrs. Meyer’s. Co-founder Stuart Landesberg started the company in 2014 after working with retail brands during his time as an investor at TPG. He noticed how limited… Read More
Delivery logistics platform Bringg raises $12M from strategic investors, including Salesforce Ventures
Delivery logistics platform Bringg announced today it has raised another $12 million in Series B funding, bringing the total round to $22 million. The round, which follows the initial Series B from last spring includes new, strategic investment from automotive leader Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer, and Salesforce Ventures. Previously, Bringg had raised $10… Read More
Mapbox makes another acquisition to bolster its navigation toolkits
Mapbox, the Softbank-backed developer of mapping applications that competes with Google Maps TomTom and Here, has acquired the intellectual property and developers behind MapZen’s Valhalla project in a bid to strengthen its navigation toolkits. The acquisition, made as Mapzen was winding down, brings the Valhalla development team in-house for a bargain price that Mapbox chief executive… Read More
The startup that facilitates deliveries for HelloFresh in SF and LA raises $4.3 million
AxleHire, a last-mile logistics startup that facilitates deliveries for companies like HelloFresh, Freshly, Sunbasket, La Boulangerie and others, has raised $4.3 million from Acorn Pacific, RGA Ventures and others.
AxleHire, which started back in 2015, is doing over 150,000 shipments per month and bringing in $750,000 in monthly revenues. By April, AxleHire expects to hit $1.5 million in… Read More
UPS bets on blockchain as the future of the trillion-dollar shipping industry
Freight and logistics in the U.S. alone account for nearly $1.5 trillion annually. As the world’s economies scale up, that number is only expected to increase. The industry, however, is not prepared for growth, as it sits on top of an infrastructure prone to systematic inefficiencies and rampant fraud. However, disruption is coming in the form of blockchain technology. Read More
Blik brings warehouse logistics into the 21st century
Knowing what’s in your warehouse, where certain items are stored and where they are in the production process is highly valuable information for any manufacturer. But today, gathering this information is typically done with barcodes and scanners — and scanning these codes can take up a large part of a worker’s day.
Blik, which is presenting in the TechCrunch Disrupt Berlin… Read More
Flowspace is AWS for warehouses
Got too much Internet traffic? Get servers on-demand from Amazon Web Services. Got too many pallets of physical goods? Well now you can get on-demand warehousing from Flowspace. The startup aims to become the next critical logistics service by making atoms as easy to store and ship as bits. “We want to introduce flexibility and fluidity into a warehousing market defined by long-term… Read More
Enjoius raises $1.4 million to bring its party planning services to you
Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hosts to plan their perfect party. Read More
Instacart signs deal with Albertsons
Instacart has inked a deal with Albertsons to offer same-day delivery from the grocery store chain.
The deal will include 1,800 of Albertsons stores across the country by mid-2018, helping Instacart deliver on its promise to be available in 80 percent of markets across the U.S. by the end of 2018.
This isn’t Albertsons first foray into the tech space. Earlier this year, the company… Read More
Mapping company Here buys ATS to boost its over-the-air tech
Here, the mapping company that powers location services in 100 million cars, is today announcing an acquisition to vastly improve how it distributes and updates its data. The company is buying Advanced Telematic Systems (ATS), a Berlin-based developer of secure over-the-air (OTA) technology, the basis for how wireless devices — including not just cars but smartphones and other… Read More