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The trucking industry has been in a strange situation for some time now. The market for the movement of overland freight is estimated in the United States to be worth over $1.1 trillion in 2020. The American Trucking Associations (ATA) estimates the freight volume is expected to grow by 2.3% between 2024 and 2028 and is predicting revenue growth of 36.6% over the next...
https://s29755.pcdn.co/news/commentary-4d-imaging-radar-is-in-for-long-haul
SVT Robotics, a startup whose software accelerates and simplifies deployment of industrial robotics, announced that it has completed a seed round of $3.5 million. Cowboy Ventures led the investment round, with Dynamo Ventures, Schematic Ventures, Ludlow Ventures and NRV participating.
Founded in 2018, SVT Robotics is riding a surge of interest in robot deployments in the warehousing and manufacturing sectors. The company seeks to streamline a “disparate, highly fragmented technology environment”...
https://www.freightwaves.com/news/svt-robotics-raises-35m-seed-round