Ship Angel raises $5M, launches two new products for BCOs

Global shipping platform Ship Angel Inc. announced Tuesday it has closed on $5 million in funding co-led by Glasswing Venture and Newark Venture Partners with participation from Bienville Capital, Socii Capital and Plug and Play, to continue building out new AI-powered products for beneficial cargo owners. Two of those new products were announced Tuesday as well.

“Ship Angel’s best-in-class AI-native software, industry expertise, and focus on delivering an exceptional user experience will set a...

https://www.freightwaves.com/news/ship-angel-raises-5m-launches-two-new-products-for-bcos

Commentary: Newark is a hub for logistics – and logistics startups

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

As one of the largest world-class logistic hubs, Newark, New Jersey is strategically situated between the Port of Newark and the Port of Elizabeth and Newark Liberty International Airport, efficiently moving millions of tons of freight each year. Together, Port Newark and Port Elizabeth comprise the second-largest port in the U.S. and can handle north of 2...

https://s29755.pcdn.co/news/commentary:-newark-is-a-hub-for-logistics-–-and-logistics-startups