Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company — with an Uber -like app that connects truckers and companies to delivery services — will…
As more consumers shop online, retailers need capacity to ship products across the country — particularly as they battle e-commerce kingpin Amazon. Flexe, a Seattle logistics startup that operates an on-demand warehouse marketplace, is helping them do that. The company…
OpenZeka’s Mini Autonomous Racing Car (MARC) Competition will beginning on Saturday at Cyberpark (Ankara) Mini Autonomous Vehicle Competition will be held in Ankara, Bilkent Cyberpark on 13 April, 2019. Attended teams went through an intensive training process in deep-learning algorithms…
Delhivery’s valuation from the last round of funding has now almost trebled to $1.6 billion from around $634 million. Logistics startup Delhivery has been charting a unique course for itself leaving others in the sector far behind. Even otherwise, in…
His startup operates its own 747 aircraft and employs 1,066 people across 11 offices and four warehouses. He’s tackling a market he calls “as ancient as mankind.” So when Flexport CEO Ryan Petersen decided to raise venture capital to pour more rocket fuel on…
Pune-based ecommerce logistics provider Xpressbees has raised INR 35 Cr ($4.9 Mn) from Mumbai-based venture debt and speciality lending company InnoVen Capital. It is not yet known if other investors participated in the round. Xpressbees was founded in 2015 by…
Softbank has decided to invest in yet another newer technology frontier,as it leads a fresh $940 Million round into Nuro. The autonomous delivery bot project is engineered by Dave Fergusen and Jiajun Zhu. The bot is designed to deliver groceries…
FourKites, the predictive supply chain visibility platform, announced on February 5 that it had raised $50 million in its Series C financing, led by existing investors August Capital, Bain Capital Ventures, CEAS Investments and Hyde Park Angels. With this round of…