a16z, General Catalyst pour $100M into Samsara at $3.6B valuation
The rapidly growing connected sensor and software company doubled its valuation and positioned for future progress ahead of what could be 2019’s “winter for venture capital.”
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The logistics industry is built on innovation, and startups have come to be a driving force behind that innovation. In the last few years, trucking, supply chain and logistics startups have emerged to disrupt the industry and drive it forward, especially in terms of digitization and automations. Check back here for the latest coverage and analysis of startups that are shaking up the industry.
The rapidly growing connected sensor and software company doubled its valuation and positioned for future progress ahead of what could be 2019’s “winter for venture capital.”
Transfix is reportedly trying to raise a Series D that values the company at 10x gross revenues.
The platform uses OCR and machine learning to streamline carrier payables.
The web-based TMS automates operations and financial activity, and integrates with other trading partners.
Technology proponents see automation as aid to driver, not replacement, in short-term as challenges persist for driverless truck.
On-demand warehousing provider STORD has raised just under $3 million in 2018 and is looking to hire 20+ people in the Atlanta region to scale up operations.
On-demand warehousing provider STORD has raised just under $3 million in 2018 and is looking to hire 20+ people in the Atlanta region to scale up operations.
Bellhops Moving, a startup based in Freight Alley, set a new fundraising record for the area on Tuesday with a $31 million Series C round.
The vision for truck video systems goes beyond reducing one-time accident claims to creating more efficient, less risky fleets.
Vector helps streamline trucking operations by digitizing paperwork and assists carriers and shippers in expediting workflow communication.
Investors are pumping millions into on-demand transit startups working in taxi-hailing and e-scooter sharing, but questions still remain if they can turn in positive bottom lines in the years to come.
Founded in 2014, the company replaces legacy telematics solutions with a revolutionary IoT ecosystem designed to unlock the value of disconnected data streams throughout the transportation and logistics industry.
Merge Transit is a spot market agency that helps owner-operators and small fleets reduce inefficiencies in their business, and looks to automate the process of dispatching.
Zipline has focused on humanitarian needs, delivering medical supplies to rural communities around the world.
After unveiling its full-scale passenger hyperloop capsule in October, HyperloopTT is at the thick of things again, now partnering with Hamburg port terminal operator HHLA for a possible cargo hyperloop route.
New service aims to provide smaller shippers more certainty when booking ocean freight.
Canadian province tackles stricter driver training and Chinese goods to Europe move along the world’s longest freight route. Plus Uptake takes innovation award and improving truck driving jobs.
Tunnel boring in the U.S. is extremely expensive due to the high labor costs and the inefficiency in boring technology. Elon Musk’s The Boring Company is looking to solve this by bettering boring machinery and envisioning a futuristic underground transit. However, questions on its feasibility still prevail.
Beijing-based startup Geek+ is a pioneer of AI-enabled logistics robots for warehouses, and is powering technological transformation of the logistics industry.
Coming in at number 10 on our Freight.Tech 25, KeepTruckin continues innovate and collaborate. One of their more recent tech additions to their product line is the App Marketplace.