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Spire Receives $40 Million In New Funding, Eyes Going Public
Wednesday, September 25, 2019 - 6:31pm | 535Spire Global, a satellite-based data and analytics provider, announced that it has received over $40 million in a new round of funding from a number of strategic partners and investors. The company uses satellites to observe the Earth to predict extreme weather, provide maritime analytics and...
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Air-Taxi Startup Volocopter Raises €50M In Series C Funding
Tuesday, September 10, 2019 - 3:51pm | 663Volocopter, the German air-taxi startup, has raised €50 million in its Series C funding round, with the financing led by Chinese auto major Zhejiang Geely Holding Group Co., the company that owns Volvo, Lotus, and other car manufacturers. With this round, Volocopter's total investment raise over...
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Loadsmart Loads Up $19 Million Funding For Drayage App
Friday, September 6, 2019 - 8:56am | 579Loadsmart is looking to jump into the port trucking market with a new freight matching app that has the endorsement of two big players in ocean shipping. The New York-based company said Maersk and terminals operator Ports America are providing a $19 million investment aimed at expanding the new...
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Starship Technologies Closes $40 Million Series A
Tuesday, August 20, 2019 - 1:34pm | 509Robotic delivery service Starship Technologies announced it has closed $40 million in Series A funding. The company, which recently passed the 100,000 commercial delivery mark, also announced that it plans to expand its service to 100 university campuses over the next two years. Starship makes...
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Booster Fuels Up On $56M Series C
Wednesday, June 26, 2019 - 3:31pm | 626Booster, the same-day fuel delivery service, has announced it raised $56 million Series C funding led by Invus Opportunities, with participation from existing partners Madrona Venture Group, Vulcan Capital, Maveron, Conversion Capital and Perot Jain LP. The four-year old Silicon Valley startup is...
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Another LIDAR Company Lands Additional Venture Funding
Wednesday, March 27, 2019 - 3:47pm | 191Just yesterday FreightWaves took note of the red-hot LIDAR market, with a news brief on San Francisco based Ouster landing additional venture capital. The fire continued to burn bright this week, with Israeli LIDAR startup Innoviz Technologies announcing it too had scored more venture dollars...
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Egyptian Freight Marketplace Startup Trella Raises $600k In Seed Funding
Tuesday, February 26, 2019 - 3:08pm | 690Photo: Trella Trella, an Egyptian-based trucking marketplace startup, has raised an investment of $600,000+ in pre-seed financing. The round was led by Algebra Ventures, and saw the participation of several strategic investors, global venture capital firms (VCs) and angel investors. Trella was...
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FreightWaves Secures $20 Million In Series B Funding From Corporate And Strategic Investors
Tuesday, February 26, 2019 - 11:49am | 2278FreightWaves founder and CEO Craig Fuller at marketwaves18. photo credit: FreightWaves/josh roden FreightWaves closes $20 million Series B funding round FreightWaves, the leading provider of data and news for global freight markets, announced that it has successfully raised $20 Million in a Series...
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Flexport Flies Like A Unicorn With $1 Billion Financing Round Led By SoftBank
Thursday, February 21, 2019 - 5:11pm | 571Flexport, the venture capital-backed freight forwarder, secured an additional $1billion in new funding in a round led by a unit Japan's SoftBank Group. The new investment comes after earlier reports that the San Francisco-based company was on track to raise new funding. Flexport says the new...
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SIMBA Chain Raises $500,000 In Pre-Seed Funding
Tuesday, February 19, 2019 - 3:49pm | 454(IMAGE: JIM ALLEN/FREIGHTWAVES) SIMBA Chain has raised $500,000 in a pre-seed financing round, according to PR Newswire. Backers of the round include Elevate Ventures, the Notre Dame Pit Road Fund, Tracy Graham (chief executive officer of Data Reality) and Hari Agarwal (chief executive officer of...
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Sentieo Announces $19M Funding Round: 'A Major Player In The Financial Research Technology Industry'
Thursday, November 1, 2018 - 7:25am | 403Financial research platform Sentieo combines both traditional and alternative data sets to appeal to an array of users. The platform increases efficiency for asset managers, investment banks and corporations, according to the company. What Happened Sentieo announced this week it closed a $19-...
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TerraForm Power Upgraded By Goldman Sachs: 'We See Strong Visibility To Hit Growth Expectations'
Wednesday, September 12, 2018 - 2:23pm | 317Goldman Sachs is optimistic on the future of wind and solar power company TerraForm Power Inc. (NASDAQ: TERP) as regulatory and funding risks continue to fade. The Analyst Analyst Brian Lee upgraded TerraForm from Sell to Neutral and maintained an $11 price target. The Thesis TerraForm...
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Fintech Firm Even Financial Raises $18.8 Million Series A Round
Tuesday, August 7, 2018 - 11:52am | 397Even Financial, a fintech company that acts as a recommendation provider for personal finance websites, announced an $18.8 million Series A funding round on Tuesday. This brings the company’s total funding to $25 million since its launch in 2015. The Series A round was led by GreatPoint...
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4 Lessons Latin American Startups Can Teach U.S. Businesses In The Trump Era
Thursday, March 16, 2017 - 5:08pm | 887Benzinga recently spoke with IguanaFix’s Matias Recchia. The co-founder and CEO of one of the most successful startups in Latin America discussed the challenges of building a successful business in the region; of servicing large-caps like Anheuser Busch Inbev NV (ADR) (NYSE: BUD), Starbucks...