startup

On Tuesday, digital freight platform Transfix announced it has reached an agreement with special purpose acquisition company G Squared Ascend I Inc., sponsored by affiliates of venture capital fund G Squared, to go public under the New York Stock Exchange ticker symbol TF. The transaction is...

Locus Robotics announced Tuesday morning it has secured $50 million in additional funding from existing investor Tiger Global Management. The funding follows a $150 million Series E round in February, led by Tiger Global Management and IT investment firm Bond. The new investment increases the...

U.S. manufacturing has found itself in a position similar to that of many other industries: facing exponential demand since its pandemic shutdown lows, elevated shipping costs to deliver on that demand, and a struggle to fill the 2.4 million positions required to meet industry demand by 2028....

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Slope Finance, a community-based decentralized exchange built on Solana, has announced that it has recently raised $2.3 million in seed...

The venture firm Fontinalis Partners was founded in 2009 as its leaders saw an opportunity for technological advancements to improve the way that goods and individuals moved. "We felt strongly that, over the next several years, there was going to be a wave of innovation that would not only affect...

Newly public Romeo Power Inc. is betting a large part of its future on a long-term cell supply agreement with LG Electronics that would allow the startup to compete for new business and fill its current backlog. Los Angeles-based Romeo (NYSE: RMO), which went public in late December following a...

When TriumphPay acquired document automation platform HubTran in June, former HubTran CEO Matt Bernstein was faced with a choice: to take a victory lap or to keep building. He saw an opportunity: Because TriumphPay is focused on North American freight, HubTran's still-young business serving...

The supply chain fantasy is the ability to deliver directly to every person anywhere in the world. Drone manufacturer Zipline wants to make that dream a reality and Thursday announced its $250 million in new funding led by Baillie Gifford with participation from past investors Temasek and Katalyst...

IAGON, which leverages blockchain technology to build a decentralized big data platform, has just bagged $3.4 million in a seed and private funding round that featured existing and new investors.  The new capital injection was led by LedgerLink Labs and saw participation from Blockchain Israel...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. As the blockchain and cryptocurrency industry continues its accelerated growth over the next few years, established platforms have started...

Dynamo Ventures, a supply chain-focused seed stage venture capital fund based in Chattanooga, Tennessee, announced Wednesday that it had successfully raised a $43.21 million Fund II. That's more than double the size of Dynamo's $18 million Fund I, which it raised in 2016 and has now fully deployed...

Amazon Inc. (NASDAQ: AMZN) is purchasing 1,000 trucks with high-autonomy software from startup Plus in a deal giving the e-commerce giant a 20% stake in the company. Hennessy Capital Investment Corp. V (NASDAQ: HCIC), the special purpose acquisition company (SPAC) sponsoring Plus for public...

GoFor, which has been rapidly scaling its business and branching out with new technology pilots to meet the demands of modern shippers, has a new leader. Founder and CEO Brad Rollo has stepped aside and Ian Gardner, founder and CEO of Royale EV, takes over as CEO. Rollo was diagnosed with cancer...

Fleet management software company KeepTruckin announced it has closed a Series E round managed by BlackRock and several other lead investors for $190 million. Participating investors include G2 Venture Partners, Index Ventures, Greenoaks, IVP and Scale Venture Partners. With these new funds, the...

When existing investors continue to pour more money into a business, it can serve as a big vote of confidence in the business model. With year-over-year new customer growth exceeding 180%, delivery and fulfillment cloud platform provider Bringg is in that position in 2021. The company Wednesday...