project44, a leader in advanced visibility for shippers and third-party logistics firms, today completed a $45 million financing round led by Sapphire Ventures, a leading venture capital firm that partners with category-leading growth technology companies. Additional investment was from new investor Insight Venture Partners and
Software startup Pacejet Logistics completed a new round of financing, led by Plymouth Ventures. According to the company, Pacejet cloud shipping solutions connect shippers with carriers to reduce costs and improve efficiency. The solutions integrate with ERP systems from NetSuite, Infor, SAP, and Microsoft to allow
Locus Robotics announced it secured $25 million in Series B financing, led by Scale Venture Partners. The robotics startup manufactures autonomous, mobile robots to support ecommerce fulfillment operations for retailers and warehouse logistics providers. According to the company, Locus’ robots work alongside employees to improve order
Robotics startup Natilus announced the completion of a new round of seed funding. Seraph Group, Gelt VC, Draper Associates, Outpost Capital, and Starburst Ventures participated in the funding. Founded in 2014 by a group of aircraft designers and military drone specialists, Natilus Inc., is a
Logistics startup Shippo announced it acquired $20 million in Series B financing led by Bessemer Venture Partners. Union Square Ventures and SoftTech VC also participated. Shippo’s API aims to make shipping easy and affordable for small businesses that are not eligible for bulk discounts and
According to a recent SEC filing, Aquifi has raised $16.1 million in financing from an undisclosed investor. Aquifi develops scalable 3D computer vision solutions for accelerating and improving the accuracy of manual gating logistics and manufacturing throughput. Based on commodity hardware, these complete solutions are built
Parcel announced it has been acquired by retail giant Walmart. Financial terms of the deal were not disclosed. Parcel is a delivery logistics and technology company based in NYC and built for ecommerce. The company’s operation is powered by a proprietary technology platform and an
BluJay Solutions announced it has raised a new round of funding from Temasek Holdings. BluJay Solutions delivers supply chain software and services to retailers, distributors, freight forwarders, manufacturers and logistics service providers. The company’s Commerce GTN solution, for example, allows clients to automate the direct dispatch
ClearMetal announced it has raised $9 million in Series A financing, led by Prelude Ventures and Innovation Endeavors. New Enterprise Associates, SAP.IO, PSA unboXed, Direct ChassisLink and GT Nexus also participated in the offering. ClearMetal is a predictive logistics company that uses data science and