"Amazon’s launch may discourage smaller-scale startups from entering the digital freight brokerage space, but the larger new entrants, those that have raised $50 million or more, will continue to thrive and attract capital. The industry needs to be streamlined. Now it’s going to happen in accelerated fashion.”
It’s safer to let the robots drive, but every high-profile accident involving AI makes human beings less willing to give up control.
Lime raises $310 million Series D round led by Bain Capital Ventures with participation from NGP Capital and others
"Digital transformation will change the relationship between shippers and carriers, allowing them to more efficiently move goods to customers across the country", says Lior Ron, Head of Uber Freight.
Shadowfax, India’s market leader in the Online-2-Offline (O2O) logistics segment, announced today that it has closed $ 22 million in Series C funding led by NGP Capital. Qualcomm Ventures (the investment arm of Qualcomm Incorporated), Mirae Asset and existing investor, Eight Roads Ventures, also joined the oversubscribed equity round.
Lime raises new $335 million round led by GV and Uber with participation from NGP Capital and others.
Caroobi received 20M USD in Series B financing. As the first digital car repair shop, the company brought the automotive aftersales market online by offering remote diagnosis and fixed prices. With the new investment, Caroobi will further expand its recently launched marketplace for replacement car parts and kick off its international rollout.
NGP Capital invests in LimeBike Series B. The company becomes the first to provide a diverse shared mobility fleet to the masses.
Fetchr raises Series B led by NEA with participation from NGP
As car ownership goes down, the transportation-as-a-service business model offers a higher-margin opportunity within the auto sector.
Peloton teams with global industry leaders to put the safest, smartest and most fuel-efficient trucks on the road
Connected car makers are getting a reality check. Pilot programs for fully and semi-autonomous self-driving cars have ignited a hype cycle that’s turning in on itself,