Birmigham’s REPOWR Brings “Asset-As-A-Service” Model To Trucking

Truck

The co-founders of REPOWR know all about the traditional inefficiencies surrounding the logistics industry.  Patrick Visintainer and Spencer Ware, who worked in logistics and transportation insurance and liability respectively, saw that trucks were often underutilized when it came to moving things from point A to point B.  “[We] saw the inefficiencies, downtime, and cost that went into running a fleet,” […]

REPOWR raises $4.2M seed round to advance shared-asset visibility technology

Truck

Birmingham, Ala. – REPOWR announced March 15 it closed a $4.2 million Seed round. The round was led by Koch Disruptive Technologies (KDT), the growth and venture arm of Koch Industries, Inc., with participation from Perot Jain Alliance, Plug and Play Venture Group, and several strategic angel investors. The transportation equipment market has virtually dissipated […]

Repowr Closes $4.2 Million Seed Round

Commercial Truck

Repowr, a collaborative logistics marketplace and digital-leasing platform, announced it closed a $4.2 million seed round. The round was led by Koch Disruptive Technologies, the growth and venture arm of Koch Industries Inc. Also participating were Perot Jain Alliance, Plug and Play Venture Group and a number of strategic angel investors, according to the Birmingham, […]

Transit-tech startup Via valued at $3.3 bln after latest funding round

Celestial AI

Nov 30 (Reuters) – Via said on Tuesday it has raised $130 million in fresh capital as part of a late-stage financing round led by asset manager Janus Henderson, valuing the transit-tech startup at $3.3 billion. The Series G funding also includes investments from accounts managed by BlackRock, ION Crossover Partners, Koch Disruptive Technologies and […]

Via raises $130M to expand on-demand shuttle software business

On-demand shuttle and software company Via has raised another $130 million, capital that has pushed its valuation to about $3.3 billion as demand from cities to update its legacy transit systems rises. The round was led by Janus Henderson with participation from funds and accounts managed by BlackRock, ION Crossover Partners, Koch Disruptive Technologies and […]

Fabric raises $200 million to fuel automated fulfillment for grocery and e-comm

Robots are all the rage this year. Over the summer, Instacart signed a multi-year deal with the startup Fabric to use its software. Now, Fabric has announced $200 million in fresh funding, valuing the company at $1+ billion, to support retailers with micro-fulfillment centers and robotics. Singapore’s Temasek led the Series C round, with participation from Koch Disruptive Technologies, […]

Fabric joins unicorn club with $200 million Series C

Israeli retail technology startup Fabric announced on Tuesday that it has closed a $200 million Series C funding round at a company valuation of over $1 billion. The round was led by existing investor Temasek, with participation from Koch Disruptive Technologies, Union Tech Ventures, Harel Insurance & Finance, Pontifax Global Food and Agriculture Technology Fund […]

Fabric raises $200M at a $1B+ valuation for robotics-based fulfillment tech to help e-commerce players compete with Amazon

Amazon continues to be the 800-pound gorilla in the room for companies in the retail sector. Today, a startup called Fabric, which is building technology to help those other retailers — big and small — compete more squarely against that muscle specifically in fulfillment with robotics technology, “micro-fulfillment” centers and last-mile operations, is announcing $200 million […]

Gideon Brothers raises $31 million Series A to increase product line

Gideon Brothers declares it has raised a $31 million Series A funding to speed up the event and commercialization of its AI & 3D vision-based autonomous cellular robots (AMRs). The firm will even increase its Manufacturing, Sales, Marketing, and Customer Success operations throughout key markets of the European Union and United States by opening places […]

Gideon Brothers raises $31 million Series A to expand product line

Gideon Brothers announces it has raised a $31 million Series A investment to accelerate the development and commercialization of its AI & 3D vision-based autonomous mobile robots (AMRs). The company will also expand its Manufacturing, Sales, Marketing, and Customer Success operations across key markets of the European Union and United States by opening offices in […]