SWITCH Maritime, a US-based company developing zero-emission hydrogen and battery-powered ferries, has raised $10 […]
The post SWITCH Maritime raises $10 million to grow hydrogen and electric ferry fleet appeared first on Offshore Energy.
Series A
Fillogic closes $13M Series A, grabs third spot on FreightTech 25
Logistics platform Fillogic announced it has closed its $13 million Series A funding round led by Revelry Venture Partners (RVP) with participation from existing investors including XRC Ventures, Closed Loop Partners, Venture 53, Groundbreak Ventures and Green Egg Ventures.
Fillogic leverages what it has coined “channel-free logistics,” a competing fulfillment model to the traditional omnichannel experience.
According to the company, shifting the focus from channels to a channel-free approach...
https://www.freightwaves.com/news/fillogic-closes-13m-series-a-grabs-third-spot-on-freighttech-25
Trailer pooling gains more interest in Repowr’s $8M Series A raise
An important rule of trucking is to keep your assets active.
Now with the help of logistics platforms, like Repowr, if you can’t keep them active, there are marketplaces that will do that for you.
Repowr’s strategy of building an equipment network of trucks and trailers is taking off, and investors are beginning to catch wind of it.
On Wednesday, Repowr announced it had closed an $8 million Series A round led by transportation venture capital firm UP.Partners with participation from industry...
https://www.freightwaves.com/news/trailer-pooling-gains-more-interest-in-repowrs-8m-series-a-raise
Samsung leads Series A for visibility data provider Vizion
Supply chain visibility provider Vizion announced Tuesday it has closed a $14 million Series A round led by customer Samsung’s investment arm, Samsung Venture Investment, to continue scaling its sales and product teams supporting its application programming interface.
Maersk Growth and Value Stream Ventures also participated in the round to support the company’s sole focus of creating a supply chain data pipeline, democratizing technology and innovation for global shippers.
“Longer term,...
https://www.freightwaves.com/news/samsung-leads-series-a-for-visibility-data-provider-vizion
Manna scores $25M funding round; to be featured on DroneWaves
In March, residents in Oranmore, Galway, Ireland, started buying the latest Samsung devices, including the Galaxy S21 Ultra phone. For some, the enthusiasm of a new phone was only part of the joy; the delivery of that phone added a new layer of excitement to the purchase.
The devices were delivered by drone.
Working in conjunction with drone-as-a-service company Manna, Samsung is testing drone delivery in the Irish countryside. But phones are not the only thing residents of Oranmore are ordering....
https://s29755.pcdn.co/news/manna-scores-25m-funding-round-to-be-featured-on-dronewaves
Logixboard raises $13M to modernize freight forwarders’ customer experience
Logixboard, a white-label platform for freight forwarders, has announced it has closed a $13 million Series A investment led by Redpoint Ventures, including continued investment from Social Leverage, F-Prime Capital Partners and Founders Co-op. The company has raised a total of $18.8 million since 2016.
Logixboard’s platform enables freight forwarders to create a customized digital experience for their customers, creating a transparent environment that mirrors shipment tracking platforms like...
How does Rose Rocket grow? (with video)
Justin Bailie said Y Combinator sprinkled on the “pixie dust” that helped Rose Rocket grow from a seedling into a full-blown transportation management system provider.
Bailie, the co-founder and chief strategy officer for Rose Rocket, shared the company’s journey with Brian Aoaeh, a FreightWaves columnist and co-founder and general partner of REFASHIOND Ventures, during the FreightTech Venture Summit on Wednesday.
“We saw an opportunity, almost five years ago now, that there was a need for, call...
https://www.freightwaves.com/news/how-does-rose-rocket-grow-with-video
Cold chain services provider closes $8.7M funding round
Money flowing through the cold chain to fund logistics real estate expansion projects continues as pandemic-induced stay-at-home lifestyles have become the new norm. Several large operators in the space continue to grow their networks through acquisition and expansion. The smaller companies are getting in on the action as well.
Founded in 2016, temperature-controlled e-commerce fulfillment provider Perishable Shipping Solutions (PSS) announced it has just closed on a Series A funding round...
https://s29755.pcdn.co/news/cold-chain-services-provider-closes-87m-funding-round