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[Interview] Mustafa Butt, Founder, RIDEALUX: Building the ultimate premium experience
RIDEALUX is a London-based luxury chauffeur service provider specializing in professional, high-end transportation.
VGP launches international brand film with SuperRebel
The film presents VGP’s vision through the eyes of everyday Europeans, including a runner, a taxi driver, and basketball players.
Click Labs acquires startup Evermile to power AI-driven retail operations for SMEs
Click Labs, a global SaaS player in logistics and on-demand delivery software, has acquired Evermile, a London- and Tel Aviv-based AI retail operations platform built for SME retailers.
Africa’s delivery platform Chowdeck raises $9m to launch quick commerce, accelerate expansion across Nigeria and Ghana
Chowdeck, Africa’s on-demand delivery platform, has raised $9 million in Series A funding to expand into more cities across Nigeria and Ghana
Aerospace startup AIR secures $23m Series A funding to accelerate U.S. expansion
AIR, a pioneering startup offering eVTOL aircraft for uncrewed commercial and contested logistics, piloted personal flight, and defense use, has raised $23 million in Series A funding.
Brau Union partners with Einride to electrify the brewing company’s freight operations across Austria
Brau Union Österreich and freight technology company Einride have announced their partnership in electrifying road freight operations across Austria.
BetterFleet bags $15m to accelerate global adoption of its AI-driven management platform for fleets
SaaS platform BetterFleet, has secured the final close of its Series A funding round at $15 million, as it continues to deploy its software t
Carpool logistics secures $12m Series A to scale its vehicle shipping platform
Carpool Logistics, a vehicle logistics platform, has raised $12 million in Series A growth capital led by Wavecrest Growth Partners, with participation from CarMax
French startup Shippeo raises $30m to accelerate US and APAC expansion
Shippeo, a global player in real-time multimodal transportation visibility, has raised $30 million strategic funding round led by Woven Capital
Autonomous driving startup Embotech raises $27m to expand its solutions for logistics in Europe and beyond
Embotech, a Swiss innovator of autonomous driving solutions for industrial logistics, has received $27 million Series B funding to scale its Automated Vehicle Marshalling (AVM) and Autonomous Terminal Tractor (ATT) solutions in Europe, and ultimately in the United States, Middle East, and Asia.
Vooma secures $13m Series A to build the leading AI agents for logistics
Vooma, the AI agent for logistics, has secured $13 million in Series A funding led by Craft Ventures. This Series A adds to a previous $3.6 million seed round led by Index Ventures with participation from angel investors including Founders and Executives from major logistics and technology companies such as Motive, Project44, Ryder and Uber Freight.
Drone technology startup Airbound secures $1.7m to make drone delivery economically viable
Airbound, a drone technology startup, has secured $1.7 million seed round led by Lightspeed to build the world’s most efficient delivery drone.
Mitsubishi Electric, ME Innovation Fund invest in industrial robots startup Formic Technologies
Mitsubishi Electric announced that its ME Innovation Fund has invested in Formic Technologies, a U.S.-based startup that designs, develops, and maintains industrial robots, offered through a subscription-based sales model.
Dexory secures $80m to drive global expansion and deployment of its autonomous robots
Dexory, a robotics and data intelligence startup, has closed $80 million Series B funding round. The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry.
Pickommerce secures $3.4m to advance innovative robotic piece-picking technology
Pickommerce, an Israeli warehouse automation startup, announced it has secured $3.4 million in funding to advance the development, production and marketing of its innovative PickoBot piece-picking robot.
Fleet safety startup Netradyne chooses 5WPR as Agency of Record
5WPR, an independently-owned PR firm in the U.S., has been selected as the public relations Agency of Record for fleet safety SaaS startup, Netradyne.
Danish VC Nine Realms lands €50m from EIF to decarbonise the supply chain sector
The European Investment Fund (EIF), has signed €50 million participation in Danish VC Nine Realms' latest fund, focusing on supporting early-stage technology-enabled SMEs in the supply chain sector.
Climate intelligence platform Clearly secures $4.3m to drive net zero targets in global transportation
Clearly, a UK-based climate intelligence platform using AI to provide fleet operators with unique and critical trip-level emission and energy insights, has closed $4.3 million seed round.
London-based PHINXT Robotics secures £2m to enable robotics automation at scale
PHINXT Robotics, an AI-led robotics software company, has secured £2 million in an oversubscribed funding round, led by Sure Valley Ventures with participation from Ada Ventures, Heartfelt and Atlas Ventures.
Google and DHL collaborate on sustainable worldwide shipping
The initiative includes express shipping of Google devices in the Devices & Services business unit across the Americas, Asia, and Europe, and is part of Google's push towards encouraging existing decarbonization technologies in air cargo transportation.
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