Freight intelligence platform GenLogs announced Monday it has closed a $14.6 million Series A funding round led by Venrock and HOF Capital to continue building out solutions utilizing the company’s sensor network tracking assets across the United States.
Steel Atlas, AutoTech Ventures, Venture 53, TitletownTech, Plug and Play Ventures and Heartland Ventures also participated in the round. The company has raised $21 million since 2023.
GenLogs’ technology uses roadside sensors and cameras to...
Smart labels are one of those buzzy technology terms that have a lot of meanings. The ones logistics giant Kuehne+Nagel are rolling out with Chorus — one of Alphabet’s X moonshot factory entities — address questions some might not even think to ask.
More than RFIDIt’s one thing to know through a radio frequency ID tag – wireless communication incorporating electromagnetic or electrostatic coupling – where a particular parcel is located and maybe even some details about its condition. But Swiss...
https://www.freightwaves.com/news/how-a-moonshot-is-giving-voice-to-truck-parcels
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
Container logistics startup Qualle announced Monday it has raised $1.5 million in pre-seed funding led by Filipski Group with participation from supply chain investor Plug and Play Tech Center and Lynett Capital to improve the usage of containers at U.S. and Canadian ports.
Qualle’s focus is on keeping containers loaded with goods. Finding reload opportunities before containers are returned to ports enables drayage carriers to make more revenue and build more container capacity for exporters.
Rel...
Accelerator firm Plug and Play announced Tuesday the closing of its $25.5 million venture capital fund, Plug and Play Supply Chain Fund I LP. The firm plans to use the funds to continue investing in supply chain technologies, particularly in series A to C startups.
“Historically we’ve been successfully investing from our family office in pre-seed and seed-stage startups, but now with this new fund, we will also be able to invest in Series A, B and C startups,” said Mike Zayonc, founder of Plug...
https://www.freightwaves.com/news/plug-and-play-raises-255m-for-new-supply-chain-fund
Innovation platform, Plug and Play, together with founding partners Euronav, CMB, Port of Antwerp, City of Antwerp, and DXC Technology, has announced the launch of their first maritime program in Antwerp, Belgium, reports Offshore Energy.
As explained, the purpose of the program is to connect international startups with the founding partners to pilot their technologies and drive the future of maritime as world-class leaders of R&D and innovation.
Plug and Play...
https://mfame.guru/plug-and-play-to-launch-an-innovative-maritime-platform/
Innovation platform, Plug and Play, together with founding partners Euronav, CMB, Port of Antwerp, City of Antwerp, and DXC Technology, has announced the launch of their first maritime program in…
https://www.offshore-energy.biz/plug-and-play-to-launch-1st-maritime-platform-in-antwerp/
Chicago-based newtrul, a digital freight aggregation platform, recently raised $2.25 million in a seed round.
Autotech Ventures led the financing, which also included participation from Plug and Play Ventures and follows recent announcements of integrations with two major transportation management system (TMS) providers — McLeod and MercuryGate.
The capital will enable expansion of newtrul’s supplier base to support growing demand, along with expanding feature enhancements, application...
https://www.freightwaves.com/news/newtrul-raises-225m-to-become-expedia-of-logistics-marketplaces
The Netherlands-based company Boomsma Shipping signs contract for first scrubber for their fleet with an option for two more, says an article published in Value Maritime website.
Scrubber Contract signedBoomsma Shipping has taken the step to turn to scrubbers in order to comply with the IMO2020 regulations coming into play from 1st of January 2020.
They have signed a contract for a first Scrubber from Value Maritime with an option for two more.
Scrubbers in multi-purpose vesselsBoomsma Shipping...
http://mfame.guru/boomsma-shipping-inks-scrubber-deal-with-value-maritime/
Value Maritime developed a small prefabricated, pre-installed, “plug and play” EGCS in a 30ft...
http://mfame.guru/vms-plug-and-play-scrubber-installed-onboard-wijnne-barends-vessels/