FreightTech Friday: Alvys raises $20.5M to accelerate tech development

Logistics software provider Alvys announced Monday it has closed its Series A with $20.5 million in funding led by Titanium Ventures, with participation from Picus Capital and existing investors RTP and Bonfire. The company is looking to continue to develop its current offerings and support customer growth. Alvys has raised about $30 million to date.

Nick Darman, founder and CEO, told FreightWaves in an email Alvys is prioritizing its development in less-than-truckload and cross-border...

https://www.freightwaves.com/news/freighttech-friday-alvys-raises-20-5m-to-accelerate-tech-development

Plus One Robotics raises $33M for human-robot collaboration software

Plus One Robotics, a human-robot collaboration software company headquartered in San Antonio, has announced this week $33 million in Series B funding led by McRock Capital and Translink Capital, with participation from BMW i Ventures, Kensington Capital Partners, Perot Jain and Ironspring Ventures. The company has raised a total of $43.6 million since 2018.

“We’re fortunate to work with customers at the leading edge of warehouse automation who share our values of ‘Robots Work. People Rule.’ Like...

https://www.freightwaves.com/news/plus-one-robotics-raises-33m-for-human-robot-collaboration-software