Rainmaking launches Motion Ventures to boost innovation in the maritime industry

A new fund has launched, with backing from the Singaporean government, to support tech innovation for the maritime industry. Called Motion Ventures, it is targeting $30 million SGD (about $22.8 million USD) and has completed its first close, with Wilhelmsen, one of the world’s largest maritime networks, and logistics company HHLA as anchor investors. Motion […]

Locus Robotics has raised a $150M Series E

Massachusetts-based Locus Robotics today announced a $150 million Series E. The round, led by Tiger Global Management and Bond, brings the firm’s total to around $250 to date, and values the robotics company at $1 billion. Locus is notable for a more modular and flexible solution for automating warehouses than many of its competitors (see: […]

Uber vet raises $5.2M for blue-collar logistics marketplace

After working as a general manager for Uber in Nevada, Jason Radisson realized the need for a way to connect blue-collar workers to companies looking to employ them. So in late 2018, the idea for Shift One — a marketplace aimed at pairing workers and employers — was born. The startup is focused on last-mile […]

LA-based Metropolis raises $41 million to upgrade parking infrastructure

Metropolis is a new Los Angeles-based startup that’s looking to compete with BMW-owned ParkMobile for a slice of the automated parking lot management market. Upgrading ParkMobile’s license plate-based service with a computer vision based system that recognizes cars as they enter and leave garages has been Metropolis’ mission since founder and chief executive Alex Israel […]

“You constantly need to reinvent yourself”: Interview with Shippeo’s co-founders Lucien Besse and Pierre Khoury

Founded in Paris in 2014, Shippeo is a European leader in real-time transportation visibility services. With a fast-growing team of 160 employees, the company is the only RTTV (Real-Time Transportation Visibility) provider in Europe to have developed a machine learning algorithm that calculates shipment ETAs with 95% accuracy 12 hours in advance of a delivery. They […]

The post “You constantly need to reinvent yourself”: Interview with Shippeo’s co-founders Lucien Besse and Pierre Khoury first appeared on EU-Startups.

Berlin-based sennder raises €131.2 million to accelerate the digitalization of European trucking and drive expansion

German company sennder, one of Europe’s leading digital road freight forwarders, has today announced that it has raised around €131.2 million in Series D financing, surpassing a $1 billion (approx. €822 million)  valuation. New investors led the round, which also involved all of sennder’s existing investors, overall including Accel, Lakestar, HV Capital, Project A and […]

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