startup

Dallas-based KoiReader Technologies Inc. has raised $60,000 in seed funding, Dallas Innovates reports. The money will be used to build the company's artificial intelligence-driven automation and video feed data capture suite for the transportation and logistics sector. KoiReader showcased its...

Gatik, a Palo Alto-based startup deploying autonomous vehicles for business to business short-haul logistics, announced its launch today with Walmart Inc (NYSE: WMT) as a partner. "We are a strong believer in autonomous vehicle technology, and we look forward to learning more about how Gatik's...

Hoopo, an Internet of Things geolocation startup, today announced a $3.5 million funding round from Chartered HighTech JIHTV1 fund, TAU Ventures and Global IoT Technology Ventures. The round brings the total amount the three-year-old company has raised to $5 million. It will use the money to...

Healthcare drone delivery startup Zipline has raised $190 million in a new round of funding, taking its valuation to over $1 billion. The new funding will be used to further expand its reach across Africa, South Asia, Southeast Asia and the Americas. Zipline operates autonomous drones across remote...

Within the freight industry at-large, there has been a noticeable push by stakeholders towards solutions that provide them visibility into shipping operations. Though the technology in itself is not of any specific concern, developing a track-and-trace solution involves explicit collaboration...

Drivent, an autonomous driving technology startup, announced on May 8 that it has been certified to test self-driving vehicles in the state of Washington, along with market frontrunners like Waymo, NVIDIA Corporation (NASDAQ: NVDA) and Torc Robotics. With that, Drivent leaves the stealth mode it...

Dolly, an on-demand precision delivery startup, has raised $7.5 million in its Series B investment round led by Unlock Venture Partners, with original investors Maveron and Jeff Wilke, CEO of Amazon Worldwide Consumer division, joining in the new financing targeted at scaling up Dolly's same-...

  Flowspace, a California-based on-demand warehousing and fulfillment startup, announced its Series A investment raise of $12 million, which was led by Canvas Ventures. The round also saw participation from Moment Ventures, 1984 Ventures and Y Combinator. In total, Flowspace has raised $15.5...

  Berlin-based logistics start-up sennder has raised an undisclosed amount in its Series B financing, which saw the participation of U.S. venture capital firm Accel and previous investors Holtzbrinck, Project A and Swedish auto major Scania. sennder is one of the largest digital freight...

Continuing its evolution from startup company to electric vehicle manufacturer, Arcimoto Inc (NASDAQ: FUV) announced the development of the Deliverator, a last-mile delivery vehicle that will be assembled at the company's manufacturing facility in Eugene, Oregon. The three-wheel mobility...

Pointivo, an Atlanta-based startup that makes artificial intelligence (AI) 3D analytics technology, has closed a Series A funding round of $7 million. The round was led by BIP Capital with participation from Blue Lagoon Capital and Thirteen Castles, among others. Founded in 2014 to commercialize...

A new virtual fuel payment network is looking to "turn the industry on its head" by using a cloud-based platform to drastically reduce the fuel card payment processing fees paid by truck stop operators. Little Rock, Arkansas-based Gas Pos announced today at the National Association of...

TechCrunch reports that SoftBank, a Japanese multinational holding group, has led a $940 million investment in autonomous delivery startup Nuro. Gaorong Capital, Greylock Partners and Softbank have previously raised $92 million for Nuro. According to Reuters, this latest round of financing puts the...

A Portland-based peer-to-peer delivery startup underscores what everyone knows but doesn't always point out about the origin of sharing economy businesses – they draw on century-old practices common in developing countries. "Our model came from the third-world," said Jonny Perez...