8vc

Platform Science secures $125M to grow OEM partnerships

Platform Science, a provider of connected vehicle solutions, announced on Tuesday a significant milestone in its growth journey, securing $125 million in funding aimed at bolstering its presence in the commercial trucking sector. 

Participating in this round are existing investors 8VC, NewRoad Capital Partners, and Prologis Ventures (NYSE:PLD), joined by new backers Activant Capital, Manhattan Ventures Partners and BDT & MSD Partners.

This expansion round also witnessed participation from...

https://www.freightwaves.com/news/platform-science-secures-125m-to-grow-oem-partnerships

Terminal Industries departs stealth mode with $17M for AI yard operations

Significant attention has been given to advancing warehouse management systems (WMS) in the FreightTech landscape, revolutionizing operations within physical buildings for enhanced transparency and optimization. 

However, yard management systems (YMS) have received less investment, and their innovations have been relatively dormant compared to WMS. YMS has traditionally relied on manual processes with limited technological support.

Related: FreightWaves opens 2024 FreightTech nominations

To...

https://www.freightwaves.com/news/terminal-industries-departs-stealth-mode-with-17m-for-ai-yard-operations

Q&A: Supply chain crisis talk with 8VC’s Jake Medwell and Skyline Policy’s Loren Smith

The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates. Jake Medwell, founding partner at 8VC, and Loren A. Smith Jr., president of Skyline Policy Risk Group, discuss key industry topics for this regular quarterly Q&A exclusively on FreightWaves.

By Jake Medwell and Loren Smith

JAKE MEDWELL: Last year we talked about how disruptions in the supply chain had created “a complicated mess.” How have things developed since...

https://www.freightwaves.com/news/qa-supply-chain-crisis-talk-with-8vcs-jake-medwell-and-skyline-policys-loren-smith

Platform Science raises $115M, SoftBank director joins board

Connected vehicle solution Platform Science announced Thursday it has closed on $115 million in series C funding led by SoftBank Vision Fund 2 with participation from new investor Chimera and existing investors including 8VC, Daimler, Prologis, NextPlay and Four More Capital.

The company has raised $194.47 million since 2017 for its platform that helps commercial vehicles better manage and deploy applications including electronic logging devices, messaging programs and other workflow solutions....

https://www.freightwaves.com/news/platform-science-raises-115m-softbank-director-joins-board

Q&A: 2022 infrastructure policy checklist with 8VC’s Jake Medwell and Skyline Policy’s Loren Smith

The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates. Jake Medwell, founding partner at 8VC, and Loren A. Smith Jr., president of Skyline Policy Risk Group, discuss key industry topics for this regular quarterly Q&A exclusively on FreightWaves.

By Jake Medwell and Loren Smith

JAKE MEDWELL: The new infrastructure bill is now law. As signed by President Biden on Nov. 15, it will ultimately spend $1.2 trillion. What...

https://www.freightwaves.com/news/qa-2022-checklist-for-us-infrastructure-grants-regs-and-permitting-reform

Supply chain tech VC investment exceeds $7B for 3rd straight quarter

New venture capitalists have entered the supply chain technology space. Larger checks and higher valuations from Tiger Global and Softbank are changing the landscape, but mature startups and incumbents are also scaling their M&A capabilities.

Venture capital investment in supply chain technology startups remained robust in the third quarter of 2021, coming in at $7.8 billion for the United States and Europe. That number represents a cooling from the segment’s most recent peak in the first...

https://www.freightwaves.com/news/supply-chain-tech-vc-investment-exceeds-7b-for-3rd-straight-quarter

Deliverr breaks $2B valuation with series E raise

E-commerce fulfillment technology company Deliverr announced Monday it has reached a $2 billion valuation after closing its $250 million series E round led by its newest investor, Tiger Global. Its existing investors, 8VC, Activant, GLP Capital Partners, Brookfield Technology Partners and Coatue, participated in the round as well.

Deliverr has raised a total of $490 million since 2018, supplying competitive fulfilment services to merchants that use marketplace platforms to sell its products,...

https://www.freightwaves.com/news/deliverr-breaks-2b-valuation-with-series-e

Q&A: Supply chain challenges creating a ‘complicated mess’

The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates. Jake Medwell, founding partner at 8VC, and Loren A. Smith Jr., president of Skyline Policy Risk Group, discuss key industry topics for this regular quarterly Q&A exclusively on FreightWaves.

By Jake Medwell and Loren Smith

JAKE MEDWELL: The chip shortage, the tire shortage, ships queuing up off the coast of California – every few days there seems to be a new angle...

https://www.freightwaves.com/news/qa-supply-chain-challenges-creating-a-complicated-mess

Spartan Radar quickly raises additional $15M for safe autonomous mobility

Automotive radar systems solutions provider Spartan Radar announced Wednesday it has closed on a $15 million series A round led by Prime Movers Lab, with its existing investors, 8VC and Mac VC, participating in the round as well.

This raise comes just about two months after the company closed on a $10 million seed round led by Prime Movers Lab, showcasing the immediate need for level 2 autonomous mobility in the transportation market.

“After billions of dollars in investments and several AV...

https://www.freightwaves.com/news/spartan-radar-quickly-raises-additional-15m-for-safe-autonomous-mobility

Bezos invests in overseas supply chain platforms Beacon and Ula

Digital supply chain platform Beacon announced on Monday it has raised over $50 million in an oversubscribed Series B round led by Northstar.vc with participation from Upper90 and existing investors 8VC, Expa, Amazon founder and Executive Chair Jeff Bezos, and founder, Chairman and CEO of Salesforce Marc Benioff. 

“At Northstar, we back technologies that have the potential to alter the trajectory of their respective industries, and Beacon’s game-changing platform has the potential to transform...

https://www.freightwaves.com/news/bezos-invests-in-overseas-supply-chain-platforms-beacon-and-ula

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