Fueled by its $300 million Series D round led by Softbank last August, Getaround is making its second-ever acquisition this year with a $12 million purchase of Norwegian car rental startup Nabobil. This acquisition brings Getaround into seven European countries.
NEXT Trucking, a FreightTech pioneer that connects shippers and carriers, has struck an agreement to open an 18-acre drayage facility to ease congestion at the ports of Los Angeles and Long Beach, the two largest seaports in the US. Read more from Port Technology International.
Today, SecurityScorecard’s platform is the “gold standard” for security ratings used across 175 countries for cybersecurity insurance underwriting, M&A due diligence, reputation management, and vendor risk management.
GetYourGuide and Deliveroo both announced new funding today, with Deliveroo raising $575M led by Amazon and GetYourGuide $484M led by Softbank’s Vision Fund. NGP Capital first invested in both companies in 2015, both investments were made in NGP Capital’s Smart Mobility theme.