Logistics

With Lime teaming up with Uber, can rival Bird afford to go it alone?

Yesterday, we learned that 18-month-old, Bay Area-based electric scooter rental company Lime is joining forces with the ride-hailing giant Uber, which is both investing in the company as part of a $33

Shone wants to automate container ships

While everybody is focused on self-driving cars, Shone is working on autonomous technologies for container ships. The startup doesn’t want to turn those giant ships into unmanned vehicles, but it wa

Autonomous delivery drone startup Matternet raises $16 million round led by Boeing’s venture arm

Because autonomous delivery drones are undoubtedly coming, Boeing HorizonX Ventures, the aviation company’s venture arm, led a $16 million round in drone startup Matternet. Other investors inclu

Drip Capital helps exporters access working capital

Drip Capital is raising a $20 million funding round from Accel, Wing VC and Sequoia India. The company is helping small exporters in emerging markets access working capital in order to finance big ord

India’s Locus raises $4M to expand its logistics management service worldwide

Locus, a three-year-old startup that helps companies map out their logistics, has pulled in $4 million in funding to grow its global footprint outside of its native India. The round is described as pr

Alibaba doubles down on logistics with $1.4B investment in Chinese courier ZTO

Alibaba is doubling down on logistics after it led a $1.38 billion investment in Chinese courier firm ZTO Express alongside Alibaba logistics affiliate Cainiao. ZTO went public on the NYSE in 2016 rai

Your annual Amazon Prime membership fees are about to increase

On today’s wildly successful earnings call, Amazon CFO Brian Olsavsky dropped a bit of a bombshell for Amazon Prime subscribers. The retailer’s everything-and-the-kitchen-sink annual subscription

Massterly aims to be the first full-service autonomous marine shipping company

Logistics may not be the most exciting application of autonomous vehicles, but it's definitely one of the most important. And the marine shipping industry — one of the oldest industries in the world

Here and Naver Labs ink robotics deal to map indoor spaces

Your trip through the airport or train station may soon become a little more crowded — not with people, but with robots, busily scanning and plotting the space so that one day, even more of thei

Robo-logistics company Magazino raises $25M for its warehouse bots

German robotics firm Magazino, creator of robots meant to work alongside people in warehouses and the like, has raised $24.8 million to continue development and deployment of its TORU and SOTO robots.

Meet Lumi, the Los Angeles startup that just raised $9 million for a packaging business

Alongside co-founder and longtime partner Stephan Ango, Jesse Genet has built a business with Lumi that's already been profitable, and has just raised $9 million in venture funding to boost its growth

JD.com’s logistics business raises $2.5B from Hillhouse, Sequoia China and others

JD.com, the Chinese e-commerce giant that is Alibaba’s closest rival, is raising giving its logistics business a huge boost after it announced that the unit is raising $2.5 billion. JD Logistics

Tradeshift Frontiers innovation lab hopes to drive blockchain adoption in the global supply chain

Tradeshift, a procure-to-pay supply chain management platform for SMBs and enterprise, announced Tradeshift Frontiers, an innovation lab and incubator that will focus on transforming supply chains th

Mapbox makes another acquisition to bolster its navigation toolkits

Mapbox, the SoftBank-backed developer of mapping applications that competes with Google Maps, TomTom and Here, has acquired the intellectual property and developers behind Mapzen's Valhalla project i

All 50 states vote yes on AT&T’s $40 billion emergency response network FirstNet

Communications are the bedrock of emergency response and management. However, those communications can be challenging when quickly evolving situations cross multiple jurisdictions. Today, AT&T ann

The startup that facilitates deliveries for HelloFresh in SF and LA raises $4.3 million

AxleHire, a last-mile logistics startup that facilitates deliveries for companies like HelloFresh, Freshly, Sunbasket, La Boulangerie and others, has raised $4.3 million from Acorn Pacific, RGA Ventur

UPS bets on blockchain as the future of the trillion-dollar shipping industry

Freight and logistics in the U.S. alone account for nearly $1.5 trillion annually. As the world’s economies scale up, that number is only expected to increase. The industry, however, is not prepared

Target is buying Alabama-based, same-day delivery service Shipt for $550 million

Target, America's other favorite old-line retailer (the one that's not Walmart), is buying delivery startup Shipt in a $550 million all-cash transaction. The deal is another example of how every store

Flowspace is AWS for warehouses

Got too much internet traffic? Get servers on demand from Amazon Web Services. Got too many pallets of physical goods? Well now you can get on-demand warehousing from Flowspace. The startup aims to be

Enjoius raises $1.4 million to bring its party planning services to you

Just in time for the holiday season, a group of prominent Los Angeles entertainment and technology executives have come together to back the new startup, Enjoius, which aims to make it easier for hos
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