Category Archives: Logistics

Logistics startup Freightos raises $44.4M Series C led by Singapore Exchange

Freightos, a marketplace for logistics providers, announced today that it has raised a $44.4 million Series C led by Singapore Exchange. Returning investors including General Electric Ventures (the lead investor of Freightos’ Series B extension last year), ICV and Aleph also participated in the round, which brings Freightos’ total funding so far to $94.4 million. Launched in 2016 as a price comparison service for freight forwarders—the agents that organize shipments from a supplier or manufacturer to their final destination—Freightos now also lets users book, manage and track […]

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Uber fires up its own traffic estimates to fuel demand beyond cars

If the whole map is red and it’s a short ride, maybe you’d prefer taking an Uber JUMP Bike instead of an UberX. Or at least if you do end up stuck bumper-to-bumper, the warning could make you less likely to get mad mid-ride and take it out on the driver’s rating. This week TechCrunch spotted Uber overlaying blue, yellow, and red traffic condition bars on your route map before you hail. Responding to TechCrunch’s inquiry, Uber confirmed that traffic estimates have been quietly testing for riders on […]

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Crater rebrands as Shyft to focus on helping global nomads move

After finally settling on a new apartment, packing your last box and rushing out to pick up your moving van for the measly three hours you could book it — have you ever taken a moment to think, “Wow, this is so easy?” Nope, and neither has anybody else. But Shyft, a logistics platform company based in San Francisco, is hoping to change that. Originally named Crater, the company announced today a re-brand of its name and mission to focus on helping improve the corporate relocation process […]

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Lowe’s Ventures backs Moved, a startup that makes moving less stressful

Adam Pittenger knows that moving is tough — after all, he said he’s moved eight times in the past seven years. Pittenger said that there are several reasons why the process can be stressful, like the fact that most people aren’t experts on moving, since they don’t do it as often as him (seriously, eight times is crazy). Plus, there’s just an enormous amount of planning and coordination required, whether it’s hiring movers, buying packing materials or putting your things into storage. So Pittenger decided to make […]

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‘Waze of Parking’ app SpotAngels raises $2.3 million

SpotAngels, an app that uses crowdsourced data to help drivers find parking and avoid tickets, has raised $2.3 million from a group of investors that includes Google Maps co-founder Lars Rasmussen. Luc Vincent, the former head of Google Street View and vice president of engineering at Lyft, as well as Y Combinator, Streamlined Ventures and Via ID also invested in the round.  The startup plans to use the funding to expand to other U.S. cities and improve its free mobile app, including a new “predicted availability” feature that it hopes […]

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Shone wants to automate container ships

While everybody is focused on self-driving cars, Shone is working on autonomous technologies for container ships. The startup doesn’t want to turn those giant ships into unmanned vehicles, but it wants to help seafarers and make ships more efficient. After attending Y Combinator, Shone recently raised a $4 million round from Alven, Liquid 2, Paul Graham, David Marcus and D. Scott Phoenix. “The basic idea is that autonomous ships are coming. Overall, it seems unavoidable,” co-founder and CEO Ugo Vollmer told me. “And yet, there are still […]

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Drip Capital helps exporters access working capital

Drip Capital is raising a $20 million funding round from Accel, Wing VC and Sequoia India. The company is helping small exporters in emerging markets access working capital in order to finance big orders. The startup also participated in Y Combinator back in 2015. Many small companies in emerging markets have to turn down orders because they can’t finance big orders. Even if you found a client in the U.S. or Europe, chances are companies will end up paying for your order a month or two after […]

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