Cloud supply chain firm Stord adds $120M in new funding at $1.3B valuation

Warehouse building

Cloud supply chain warehousing and logistics firm Stord announced on Tuesday an additional $120 million in series D financing, bringing the total funding in this series D to $210 million. The first $90 million was announced in September.

The latest funding was led by Franklin Templeton. The entire series D included participation from new investors Sozo Ventures, Strike Capital and 137 Ventures, along with existing investors Kleiner Perkins, Founders Fund, BOND, Susa Ventures, Dynamo Ventures,...

https://www.freightwaves.com/news/cloud-supply-chain-firm-stord-raises-120-million-led-by-franklin-templeton

Leaf Logistics raises $37M, with plans to double workforce in 2022

Logistics company Leaf Logistics announced Wednesday it has raised $37 million in series B funding led by Sozo Ventures with participation from new investor Madrona Venture Group, previous investors Playground Global, Floodgate, Schematic Ventures and Supply Chain Ventures, and strategic investors including The Intercontinental Exchange and Flexport. Leaf plans to continue efforts to bring cost savings to its shipper customers through more efficient brokerage practices powered by technology.

“Wha...

https://www.freightwaves.com/news/leaf-logistics-raises-37m-with-plans-to-double-workforce-in-2022

Project44 raises $202M in Series E, boosts value to $1.2B

Global supply chain visibility firm project44 has announced it has closed on a $202 million Series E round led by funds managed by Goldman Sachs Asset Management (NYSE: GS) and Emergence Capital, with increased investment from its current investors, including Insight Partners, Sapphire, 8VC, Chicago Ventures and Sozo. The company has raised $442.5 million since 2016 and with its recent raise is valued at $1.2 billion.

“We are fully aligned with the vision that Jett and his team have set forth to...

https://www.freightwaves.com/news/project44-raises-202m-in-series-e-boosts-value-to-12b

Smart loading dock startup Kargo lands $6 million seed round

Smart loading dock technology

Smart loading dock tech startup Kargo announced Thursday it closed on a $6 million seed round. The round was led by Founders Fund and included Sozo Ventures, Accomplice and Hanover as well as technology executives.

The San Francisco-based company’s loading dock control tower, Argus, verifies incoming and outgoing freight and aggregates data, which allows shippers and carriers to manage dock operations.

Smart loading dock tower, Argus (Photo: Kargo)

The autonomous system uses sensors and cameras...

https://www.freightwaves.com/news/smart-loading-dock-startup-kargo-lands-$6-million-seed-round

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