Venture capital continues to flow into FreightTech startups
Supply chain-focused startups Sayari, TrusTrace, Cart.com and Kusari recently secured a combined $330 million in capital investments.
Supply chain-focused startups Sayari, TrusTrace, Cart.com and Kusari recently secured a combined $330 million in capital investments.
Supply chain-focused startups Cart.com, Nuvocargo and CargoBot recently secured a combined $102 million in venture capital.
It is pretty much acknowledged across the trucking industry that a consolidation of players in autonomous trucking is coming.
OneRail plans to scale sales, marketing and data science.
As the economy corrects itself, where does VC stand?
Financial technology platform Outgo emerges from stealth with a vertical banking solution that automates bookkeeping functions for carriers.
“If you are a startup or anyone looking to get your name out there, there is no better way than to start with these events,” says Emerge founder and CEO Andrew Leto.
Supply chain management platform Calico gets a boost from the decorated tennis star’s investment firm, Serena Ventures.
The current roster of FreightTech unicorns is made up of established companies run by veterans and backed by smart money.
Leverage is an AI-powered cloud platform giving logistics providers real-time purchase order visibility.
In this edition, Fontinalis partner Chris Stallman describes his life-long passion for finance and his favorite 2022 FreightTech themes.
Venture capital fund EQT Ventures is a backer of electric and autonomous vehicle maker Einride, but it is also a supporter of sustainable business models.
Supply chain tech is increasingly driven by late-stage venture capital activity.
FreightWaves’ new series dives into the stories behind the industry’s biggest investments. Its first stop: the 33-year-old Chicago-native Jason Duboe who leads project44’s scaling initiatives.
Ensuring load accuracy at the shipper facility is key to on-time delivery.
There is plenty of opportunity for innovative companies to solve for industry headwinds, a prospect that excites both new investors and existing stakeholders across the industry.
Transportation procurement system will handle $4B worth of bids this year.
UP Partners is looking for transformative technology companies that will underpin a society dominated by unmanned aircraft.
Fresh from raising $43 million in a new investment fund, Dynamo Ventures partner Santosh Sankar says supply chain tech is attracting all comers.
Chattanooga VC firm is ready to find the next FreightTech unicorn.
The chaos of the past 18 months will usher in new investments in supply chain technology
CEO Todd Ehrlich says the venture studio model leverages valuable resources for innovators to build startups faster and with less complexity and capital.
The capital will drive volume growth and help Baton expand to new markets.
MyCarrier is scaling a white-labeled LTL TMS with a unique distribution model.
Venture capital in oil and gas pales by comparison to climate technology investment, but there are potential unicorns out there.
Across the globe and throughout the supply chain, investors are looking for startup value outside of the U.S.
Brian Laung Aoaeh of REFASHIOND Ventures discusses the opportunities for venture capital seeking to find the next big thing in supply chain technology in a fireside chat at FreightWaves’ Global Supply Chain Week.
Slync.io, a Dallas-based operating system for global logistics, announced the close of its $60 million Series B funding round.
Cross-border logistics platform looks to scale sustainably as it prepares to raise more capital.
Capstone Headwaters releases December update on logistics technology deals.
Virtual carrier CloudTrucks raises $20.5 million Series A and launches instant pay and cash card.
DASH wants to land the package, not the plane.
LoadSmart and Uber Freight attract venture-style capital from traditional investors.
The need for industry knowledge and strong connections has become key to competing in the crowded logistics venture capital arena.
Anthony and Zach bring on Jon Bradford of Dynamo, a venture capital firm specializing in early stage investments, to discuss what effect 2020 has had on investment trends and sentiment in the supply chain.
Shipwell CEO Greg Price explains during FreightTech Venture Summit the importance of winning over venture capitalists at the onset of presenting your idea.
Data drives the development of those opportunities, according to Sapphire Ventures Managing Director Kevin Diestel in the fireside chat “VC Perspective: How FreightTech is Different” during the FreightWaves FreightTech Virtual Summit.
FreightWaves today announced FreightWaves for Startups, a new initiative aimed at helping startup companies grow into successful organizations.
Certain types of business models are more attractive to venture capitalists.
Cargomatic set off a prodigious chain of events after its launch in Los Angeles.
Technology and an abundance of data have brought more venture capital investors to the supply chain industry.
Chris Thomas, a veteran venture capitalist from the mobility sector, teams with Detroit and European-experienced experts to invest in startups in physical and digital movement of freight, people, data and energy.
8VC founding partner Jake Medwell has become the most active freight tech investor in the past five years. He told FreightWaves how the space is changing.
We talked to supply chain-focused investors about leveraging domain expertise to gain an edge.
Supply chain companies of all kinds have been targets for VC money in 2020. Learn why in this article.
SmartHop, a Florida tech startup that aims to support small trucking businesses, on Tuesday announced that it has closed a $4.5 million seed round.
Last-mile delivery demand is growing fast in Latin America, but the venture capital market is still in early stages.
TuSimple, Kodiak Robotics among the recipients of PPP loans. (Photo credit: Kodiak Robotics)
In the wake of the recent push for racial equality, industries have reflected on ways they can open the door to a growing number of minority applicants.
An investor talks about overcoming pattern recognition bias in venture capital
Though it no longer can call itself Thor Trucks, electric truck startup Xos is progressing toward regular production with a modular platform aimed at winning partnerships with bodybuilders.
Workflow automation technology company RPA Labs has landed its first round of capital, netting $1.2 million in a pre-seed round. Schematic Ventures led the round, along with PSA UnBoxed (Port […]
Charley Dehoney spoke with the founder of BasicBlock, a blockchain startup based in Nebraska. Here is the story of the company’s success to-date.
How the investment landscape is changing in 2020 and what technology looks most promising.
The “logistics orchestration” startup closes out a yearlong fundraising process at the height of the coronavirus pandemic.
VC funding has evaporated, wooing new customers is extremely difficult and existing customers’ focus has changed.
Plus: Is this the end of the sharing economy?
Forager is filling engineering and product positions in Chicago.
Shen was previously chief operating officer and president.
Companies exposed to transportation, including 3PLs and freight tech startups, are adjusting to market realities.
On today’s episode, Dooner and Chad will talk to C.H. Robinson President and CEO Bob Biesterfeld about the company’s new idea incubator, Robinson Labs. We’ll find out why one trucker thinks Amazon is working him like a “rented mule.” A new reason for Celadon’s bankruptcy is exposed. Walmart tells courts they’re being too literal.
Former Amazon employees turbocharge Seattle freight-tech scene.
Plus: The death of the unicorn; Tesla struggling to deliver 2019 orders
The Swedish truck giant’s venture capital arm has invested an undisclosed sum in Autotech Ventures.
Ben Thrower writes that venture capital funds continue to flow to digital freight brokerages, but legacy companies continue to fight back.
WeWork, FinTech, FreightTech, margin maximization, can decentralized brokerage office structures work in a digital world, the 5 stages of Cybertruck, Slush Week in Helsinki, streamlining payment inefficiencies and letters of credit, plus much more.
We’re coming to you from the stage at FreightWaves LIVE Chicago, and on this episode we have a blockbuster guest in Sune Stilling, head of growth at Maersk Group. Plus, […]
Coming to you live from FreightWaves LIVE Chicago’s Live Stage, it’s FreightWaves CEO and founder Craig Fuller along with Dynamo Ventures’ Jon Bradford talking about the intersection of venture capital and […]
The former chief customer officer for YRC Worldwide will work with 8VC portfolio companies full-time.
Real estate is benefiting from the growth of e-commerce, where the supply chain is evolving from a cost center to a revenue generator.
Austin, Texas-based centralized freight platform Shipwell raised $35 million of venture capital funding from a consortium of investors led by Georgian Partners of Toronto, Canada.
FreightWaves CEO Craig Fuller and Dynamo Managing Partner Jon Bradford team up on this show about their vision and view of where the world exists in the intersection of freight […]
Since 2018, Revel has expanded its fleets into Brooklyn, Queens and Washington, D.C. and plans to reach 10 cities by 2020.
List of titles that founders in the FreightTech revolution should consider
Satellite-based data and analytics provider, Spire Global, announced that it has received over $40 million in a new round of funding.
The new platform focuses on collaboration, workflow automation, and allows users to define business priorities.
Revenue growth on negative unit economics is dead as a business model.
When a company raises a significant amount of capital this close to its public offering, it could reflect cash insecurity or the basic desire to raise its valuation.
The autonomous trucking company announces an additional $120 million in Series D investment.
Venture capital arm of Mexican building materials company makes an undisclosed investment in Ottawa-based firm that focuses on last-minute deliveries in the construction industry.
Risk-averse money is still entering the FreightTech space.
FreightTech venture investing is super hot, but most of these startups continue to lose money. Is this a fad or something else? Last year, FreightWaves created a FreightTech Venture Index […]
Charley Dehoney writes about the process to finance a freight tech/logistics tech start-up.
Sentiment toward shipping tech has reached a new high point among startups, tech investors and vessel interests.
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
The funds will be used to accelerate the company’s efforts to improve fuel efficiency in the trucking industry.
Schulte Group has launched INNOPORT, a venture capital unit that invests in global maritime startups. “We want to build bridges and open doors wherever possible,” said Yiannis Sykas, INNOPORT chief […]
Market expert Brian Aoaeh explains why all of us should be rooting for Uber, Lyft and other startups. Read why!
In his first FreightWaves article, market expert Brian Aoaeh writes about logistics network optimization. He explains how new technology, venture capital money and changing market conditions have converged to open up new opportunities across the global supply chain.
The total amount of investment during the first quarter – $1.6 billion – is more than half of the $2.9 billion in venture capital invested for the full year 2018.
Venture investing in autonomous vehicles continues to heat up, and as startups mature expect late stage investing to increase.
project44’s Jett McCandless, KeepTruckin’s Ori Franco, Transfix’s Drew McElroy, and Freightos’ Philip von Mecklenburg-Blumenthal were all panelists.
The Houston-based startup is run by executives with decades of experience in global logistics, and plans to tackle the oil and gas vertical first.
Private equity has become the major player in financing the growth of transportation and logistics companies, and venture capital inflows have also accelerated dramatically.
The financial tech and freight tech sectors both have a huge addressable market, and both have been traditionally resistant to change. Will the disruption continue, and what should we expect after similar patterns of explosive growth?
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.”
Last-mile delivery is especially difficult for oversized items such as furniture, where retailers face challenges with rising customer expectations in speed, flexibility and quality.
Freight.Tech conducted a study mapping trends in TransportTech venture capital investment over the past five years. We’ve pulled out some of the results.
New research outlines key perspectives that could help shape the geographic makeup of the Heartland.
Freight.Tech conducted a study mapping trends in TransportTech venture capital investment over the past five years. We’ve pulled out some of the results.