Dynamo Ventures

LogRock aims to help truck fleets stay off FMCSA’s radar

Trucking compliance software provider LogRock announced it has closed an additional $2 million seed round led by Better Tomorrow Ventures with participation from previous investor Dynamo Ventures, which led the company’s initial $3.5 million seed funding in May.

LogRock co-founder and CEO Hunter Yaw told FreightWaves carrier compliance has not always been the “sexiest” transportation topic to discuss but is a necessary one.

“If you look at trucking from the outside, you would think the most...

https://www.freightwaves.com/news/logrock-aims-to-help-truck-fleets-stay-off-fmcsas-radar

Cloud supply chain firm Stord adds $120M in new funding at $1.3B valuation

Warehouse building

Cloud supply chain warehousing and logistics firm Stord announced on Tuesday an additional $120 million in series D financing, bringing the total funding in this series D to $210 million. The first $90 million was announced in September.

The latest funding was led by Franklin Templeton. The entire series D included participation from new investors Sozo Ventures, Strike Capital and 137 Ventures, along with existing investors Kleiner Perkins, Founders Fund, BOND, Susa Ventures, Dynamo Ventures,...

https://www.freightwaves.com/news/cloud-supply-chain-firm-stord-raises-120-million-led-by-franklin-templeton

AV company Gatik taps Goodyear for intelligent tire technology

When middle-mile autonomous vehicle company Gatik closed an $85 million Series B funding round last month, the announcement came with the news that “several strategic investors” had participated in the round.

On Tuesday, Gatik revealed that Goodyear Ventures, Goodyear’s (NASDAQ: GT) venture capital fund, participated in the new funding round and announced it would collaborate with the tire maker as it develops its autonomous middle-mile vehicle. The size of the investment was not specified.

“Gatik...

https://www.freightwaves.com/news/av-company-gatik-taps-goodyear-for-intelligent-tire-technology

Logistics Tech Summit: Venture capital market is ‘super hot’

This keynote chat recap is from FreightWaves’ North American Logistics Tech Summit on Wednesday.

KEYNOTE CHAT TOPIC: How hot is the freight market in 2021?

DETAILS: In a keynote chat with FreightWaves Executive Publisher Kevin Hill, Dynamo Ventures founding partner Santosh Sankar predicts ocean freight will continue to have problems  until the threat of economic security is taken seriously.

SPEAKER: Sankar is a founding partner of Dynamo Ventures.

BIO: Sankar invests in enterprise, seed-stage...

https://www.freightwaves.com/news/logistics-tech-summit-venture-capital-market-is-super-hot

Dynamo Ventures raises $43M Fund II for FreightTech seed investing

Dynamo Ventures, a supply chain-focused seed stage venture capital fund based in Chattanooga, Tennessee, announced Wednesday that it had successfully raised a $43.21 million Fund II.

That’s more than double the size of Dynamo’s $18 million Fund I, which it raised in 2016 and has now fully deployed into a portfolio of companies. Dynamo said that it will continue to write seed-stage checks, typically between $250,000 and $1.2 million, to FreightTech startups that are looking for product/market fit.

https://www.freightwaves.com/news/dynamo-ventures-raises-43m-fund-ii-for-freighttech-seed-investing

Founders Camp returns to Chattanooga in 2021

In 2018, Smarthop was one of hundreds of startups hoping to carve out a niche in the North American logistics space. The company provides intelligent dispatching services and now offers full-fledged dispatch solutions for over-the-road owner-operators.

The experience the company gained at Founders Camp, powered by Dynamo, proved a crucial rung in Smarthop’s growth trajectory.

“There is no better way to describe Founders Camp other than life changing,” Guillermo Garcia, CEO and co-founder of...

https://www.freightwaves.com/news/founders-camp-returns-to-chattanooga-in-2021

Milk Moovement closes $3.2M funding round

Milk Moovement, the startup seeking to modernize the dairy supply chain through cloud-based software, closed on a $3.2 million seed funding round on Thursday.

The round was led by Dynamo Ventures, alongside Matchstick Ventures, Bread & Butter Ventures, and Better Food Ventures. SOSV and Techstars provided follow-on investment in the round. Richard Cargill is a personal angel investor in Milk Moovement.

“Our proprietary software tracks all milk shipments from producers to processing plants and...

https://www.freightwaves.com/news/milk-moovement-closes-32m-funding-round

Viewpoint: Finding investor value in FreightTech outside the US

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

The logistics industry is not immune to the search for the next big thing, between the latest technology and the most innovative startups. With all of the innovation happening and venture capital flowing into FreightTech in the U.S., it’s easy to forget to look outside the United States, where there are startups on course for a substantial impact within their...

https://s29755.pcdn.co/news/viewpoint:-finding-investor-value-in-freighttech-outside-the-us

Making shipping IT pitch attractive to investors (with video)

FreightTech Venture Summit

Shipwell has succeeded in securing three rounds of investment since its start in 2016. The millions of dollars have allowed the company to rapidly grow its business into an industry-recognized freight transportation management platform.

Greg Price, Shipwell co-founder and CEO, said success at attracting venture capitalists to invest in your business requires the presentation of a compelling product that is backed by sound metrics.

“You’re going to have to specialize and find that niche that you...

https://www.freightwaves.com/news/making-shipping-it-pitch-attractive-to-investors-with-video

FreightTech takes center stage at FreightWaves’ free FreightTech Venture Summit

Just a few short years ago, FreightTech was a relatively unknown term. It is not anymore and venture capitalists and investors have taken notice, flocking to the space in recent years as more and more technology startups look to disrupt the freight space. In 2019, investment in supply chain technology surpassed $10.4 billion, according to Pitchbook.

Since its launch in 2017, FreightWaves has been at the forefront of the FreightTech space. That investment is now going a step further, giving...

https://s29755.pcdn.co/news/freighttech-takes-center-stage-at-freightwaves-free-freighttech-venture-summit

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