Soonicorn Club
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Unicorn
Lytx (1998, San Diego, $153.4M) – Driver risk management solutions
Market: Logistics Tech > Freight > Software Solutions > Fleet Management -
Minicorn
6River Systems (2015, Boston, $46.7M) – Robot for assisted picking at e-commerce fulfillment centers
Market: Logistics Tech > Warehousing > Tech Solutions > Robotics and Automation
Analyst Picks
- CogoPort (2016, Mumbai, $14M) – Online platform for shipping freight internationally
Market: Logistics Tech > Freight > Ocean/Air > Carrier Booking > Multi-channel - We4Sea (2016, Delft, $427K) – SaaS-based fuel monitoring solutions for marine industry
Market: Logistics Tech > Freight > Software Solutions > Fleet Management > Vessel - VahAnalytics (2016, Mumbai, $200K) – Driver behaviour analytics company
Market: Logistics Tech > Freight > Software Solutions > Analytics - Honestbee (2014, Singapore, $15M) – Concierge grocery delivery service
Market: Logistics Tech > Parcel > Hyperlocal > Consumer-Focused > Grocery - urb.it (2014, Stockholm, $7.2M) – Local Shopping & courier service
Market: Logistics Tech > Parcel > Hyperlocal > Consumer-Focused > Multi-Vertical
Funding Rounds
Series E, $150M
Instacart (2012, San Francisco, $1.0B) – Marketplace for same-day grocery delivery
Investors: Coatue Management, Glade Brook Capital
Series A, $47.7M
Dishangtie (2015, Shenzhen, $55M) – Online platform for ecological fleet sharing
Investors: Matrix Partners China, Qiming Venture Partners, State Power Investment Corporation Limited, Eastern Bell Venture Capital
Series B, $35M
Project-44 (2014, Chicago, $48M) – Cloud-based software solution for shipping and fulfilment
Investors: OpenView, 8VC, Omidyar Technology Ventures, Chicago Ventures, Pritzker Group, Emergence Capital
Series B, $25M
6River Systems (2015, Boston, $46.7M) – Robot for assisted picking at e-commerce fulfillment centers
Investors: Menlo Ventures, Norwest Venture Partners, Eclipse, iRobot
Series B, $10M
Arviem (2008, Baar, $15M) – Real-time cargo monitoring
Investors: SICPA, Swisscom, Investiere, hiq-solutions.ch, nest-info.ch
Series C, $7.7M
Porter (2014, Bangalore, $20.2M) – Intra-city logistics and fleet management solutions
Investors: Mahindra Partners
Series A, $7.6M
CogoPort (2016, Mumbai, $14M) – Online platform for shipping freight internationally
Investors: Accel Partners
Series A, $5M
Load Share (2017, Bangalore, $5.9M) – Analytics-driven logistics solutions provider for SMBs
Investors: Stellaris Venture Partners, Matrix Partners India
Series A, $3.3M
GoShare (2014, San Diego, $3.3M) – Crowd sourced shipping
Series A, $3M
CargoBot (2016, Coral Gables, $3.8M) – Online marketplace for shippers and road carriers
Seed, $2.4M
Stord (2015, Atlanta, $2.4M) – On-demand warehouse booking
Investors: Revolution, Dynamo, Susa Ventures, Engage
Seed, $2M
Pando (2016, Bangalore, $2M) – Cloud-hosted transport management solution
Investors: Nexus Venture Partners, Kashyap Deorah, Girish Mathrubootham, Nishant Rao, P Balaji
Conventional Debt, $1.4M
Lightfoot (2003, Exeter) – Vehicle telematics & diagnostic solutions for consumers & fleets
Investors: UK Government
Seed, $1.1M
Quicargo (2015, Amsterdam, $1.6M) – App-based freight marketplace
Seed, $1.0M
LYNK Logistics (2015, Chennai, $1M) – On-demand intra-city truck rental service
Investors: Ramco Group, Venketrama Raja
M&A
- Alibaba To Acquire Full Ownership Of China Online Delivery Platform Ele.Me Reuters
- Square Acquires Zesty to Expand Caviar’s Corporate Catering Business Business Wire
- Belgium’s WABCO scouts for suitable buys in India after AssetTrackr Gadgets Now
- WiseTech Global (ASX:WTC) Acquires Three Leading Logistics Solution Providers Across Latin America and Europe: Forward, Softcargo and EasyLog ABN Newswire
- Postmates And DoorDash Considering Teaming Together PYMNTS
- Movinga acquires bankrupt rival Move24 AIM Group
- PE Firm InfraRed Invests US$50M In HK Self-storage Provider RedBox China Money Network
New Product Announcement
- Electric N-Gen Vans from Workhorse Group Begin Delivering Goods TrucksDotCom
- Zipline’s new drone can deliver medical supplies at 79 miles per hour CNBC
- Teletrac Navman Partners with Weather Telematics to Give Fleets Real-Time View of Hazardous Road Conditions PR Newswire
- Chevin Offers Cloud-Based Fleet Management Software Automotive Fleet
- Fetch Robotics Partners with Ricoh USA, Inc. to Offer 24/7 Global Support Business Wire
- Cargo Chief Launches C4™ to Help 3PLs Find Carrier Capacity C Velocity
- Fleet Complete Vision™ Brings Intelligent Video Analytics to Advance Fleet Safety PR Newswire
- Doddle launches returns chatbot Logistics Manager
- Transbotics Lowers Agv System Costs With New Software PressReleasePoint
- Rivigo eases e-way bill generation process Asian News International
- Trucker Path Rolls Out Electronic Logging Device (ELD) Fleet News Daily
New Market Entry
- Swiggy looks to start delivery of medicines, groceries Indiatimes
- Uber Eats launched in Kolkata in partnership with 250 restaurants Livemint
- Grofers to deliver groceries via e-rickshaws in Delhi-NCR Indiatimes
New Geo Entry
- India Ride-hailing Firm Jugnoo Eyes Singapore As Uber Drives Off Indiatimes
- Swiggy expands footprints, launches operations in Kochi New Indian Express
- Grubhub Expands Delivery Service to Mahoning Valley Business Journal Daily
- Beenext-funded logistics automation startup Locus.sh expanding to Southeast Asia E27
- Flowspace Expands Footprint to Five New States ocbj.com
- Zed Connect Opens U.S. Headquarters Trucking Info
Business Partnership
- Walmart partners with Postmates to expand online grocery delivery Reuters
- DoorDash makes a big push into grocery delivery through a pilot program with WalmartTechCrunch
- Lytx® and GTCR Announce Strategic Partnership with Clearlake Capital and Other New Investors PR Newswire
- Vecna Robotics Partners with RightHand Robotics to Streamline Intralogistics and Material Handling Process RoboticsTomorrow
- Fleetcor Partners with Reimbursement Solutions Company Work Truck Online
- Fleet Complete and General Motors Bring Scalable IoT Solutions to Commercial Fleets and Small Businesses with OnStar PR Newswire
- Deliv now offers same-day delivery for Shopify retailers TechCrunch
Company Announcement
- On-demand shipping startup Shyp is shutting down TechCrunch
- Seegrid Announces 1 Million Miles by Self-Driving Vehicles Without A Single Safety Incident Business Wire
Research Partnership
- G7 Forms Joint Venture with GLP and NIO Capital to Develop Autonomous Driving Electric Trucks PR Newswire