Scale AI raises $325M, valued at $7.3B

Scale AI, a startup providing the infrastructure for AI applications headquartered in San Francisco, recently announced it had raised $325 million in a Series E funding round co-led by Dragoneer, Greenoaks Capital and Tiger Global. The company has raised more than $600 million since 2016 and is now valued at $7.3 billion.

The company also announced a partnership with Flexport, a leading global trade platform, to simplify logistics paperwork processing through machine learning and AI.

Freightwaves...

https://www.freightwaves.com/news/scale-ai-raises-325m-valued-at-73b

E-commerce tracking firm AfterShip lands $66M funding round

E-commerce shipment tracking platform AfterShip has landed a $66 million Series B round of funding led by Tiger Global Management. The company previously raised a $2 million Series A1 in 2019 led by 10Fund and a $1 million Series A in 2014 led by China’s IDG Capital Partners, according to data compiled by Crunchbase.

Founded by Andrew Chan, the Hong Kong-based company provides e-commerce shipment tracking and has partnerships with over 700 carriers worldwide tracking over 6 billion shipments,...

https://www.freightwaves.com/news/e-commerce-tracking-firm-aftership-lands-66m-funding-round

Weee! raises $315M to expand ethnic grocery delivery network

Online ethnic grocery delivery platform Weee! announced it has raised $315 million in a Series D round led by DST Global, with participation from Tiger Global Management, Blackstone Group and Arena Holdings. The Fremont, California-based company has raised a total of $415 million, with Bloomberg reporting a $2.8 billion valuation.

Weee! caters to ethnic communities, mainly providing access to Asian and Hispanic foods. Weee! currently offers free delivery, on orders of $35 or more, for more than...

https://www.freightwaves.com/news/weee-raises-315m-to-expand-ethnic-grocery-delivery-network

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