Byrd pecks away at European expansion with $56M series C

E-commerce fulfillment solution Byrd announced Tuesday it raised $56 million in a series C fundraising round led by supply chain investment firm Cambridge Capital with participation from Speedinvest, Mouro Capital, Elevator Ventures and previous shareholders to continue expanding its European footprint.

“E-commerce retailers are under ever more pressure from consumers to deliver as fast as possible, without charging for shipping. At the same time, the global supply chain crunch is putting...

https://www.freightwaves.com/news/bryd-pecks-away-at-european-expansion-with-56m-series-c

Online grocery platform Misfits Market nabs $225 million Series C-1

Misfits Market gets new Series C-1 funding round of $200 million, raises valuation to $2 billion

During online grocery’s brief history in the marketplace, three power players have emerged. Walmart, Instacart and Uber, a trio of well-established companies with dedicated user bases, are currently leading the race, but as the grocery delivery wars heat up, there’s a fourth player that looks ready to throw its hat into the ring.

Online grocery platform Misfits Market on Tuesday announced that it had closed a $225 million Series C-1 funding round, bringing the company’s total funding to $526.5...

https://www.freightwaves.com/news/online-grocery-platform-misfits-market-nabs-225-million-series-c-1

Forto secures Series C and unicorn status, credits partnerships and culture

Berlin-based Forto, a digital freight forwarder also known as FreightHub, announced Monday it has secured $240 million in a Series C round led by SoftBank Vision Fund 2. Past investors Northzone, Iven Capital, Cherry Ventures and Unbound and newest investors Citi Ventures and G Squared also participated in the round.

The company has raised a total of $360 million since 2016 and, after its latest raise, is valued at $1.2 billion.

In a recent blog by the company’s co-founder, Fabian Heilemann, he...

https://www.freightwaves.com/news/forto-secures-series-c-and-unicorn-status-credits-partnerships-and-culture

Dutchie raises $200M for cannabis fulfillment, acquires LeafLogix and Greenbits

Dutchie, a cannabis fulfillment platform, announced Tuesday it raised $200 million in Series C funding and acquired two technology providers.

The funding round was led by Tiger Global Management and included investors Dragoneer, DFJ Growth, Snoop Dogg’s Casa Verde Capital, Thrive Capital, Gron Ventures and former Starbucks founder and CEO Howard Schultz. 

Past investors include Kevin Durant’s and Rich Kleiman’s Thirty Five Ventures, Sinai Ventures and Tinder’s Justin Mateen. Since the company was...

https://www.freightwaves.com/news/dutchie-raises-200m-for-cannabis-fulfillment-acquires-leaflogix-and-greenbits