logistics
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Here, the mapping company that powers location services in 100 million cars, is today announcing an acquisition to vastly improve how it distributes and updates its data. The company is buying Advanced Telematic Systems (ATS), a Berlin-based developer of secure over-the-air (OTA) technology, the basis for how wireless devices — including not just cars but smartphones and other… Read More
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Kenya has a waste management problem, especially in the country’s capital of Nairobi. As of 2016, Nairobi was producing around 2,400 tons of waste every day but only 38 percent of that trash was collected and less than 10 percent was recycled. That resulted in the remaining 62 percent being left on illegal dumpsites or getting burned. Read More
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CargoX announced today that it has raised $20 million in Series C funding led by Goldman Sachs. The startup is currently focused on the Brazilian market, where it connects businesses that need to ship something with drivers who have excess capacity in their trucks. The goal is to help truckers make more money while reducing shipping costs for businesses. Read More
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Boxed offers the online equivalent of the bulk shopping offered at stores like Costco. But big discounts aren’t the only thing the company’s focused on. Boxed introduced automation to its Union, New Jersey fulfillment center earlier this year, installing a system where the items for shipping are transported to the people doing the packing — without eliminating a single job. Read More
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“We want to change behavior around ownership on the planet,” says Omni co-founder Thomas McLeod. First, it built an on-demand storage business, where you can get things picked up from your place in as little as two hours, pay a monthly fee to store them depending on their size and get them temporarily returned to you for free whenever you need them. Now it wants to help you earn… Read More
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I work in VC. But it wasn’t long ago that I stocked shelves, drove a truck, washed dishes, waited tables and even hauled dirt at a cemetery. This isn’t the usual route to a job in tech and VC, but it opened my eyes to a corner of the tech world I think has the chance to create the next Salesforce, Oracle or LinkedIn: software targeting those who do their jobs outside corporate offices. Read More
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“We’re actually out here trying to create value, not just give venture capital money away” says Flexport CEO Ryan Petersen. “It’s counterintuitive. The more the business works, the more cash it needs.” That’s because Flexport doesn’t ship bits, it ships atoms. Lots of them. Flexport is a freight forwarding logistics network. If you produce a… Read More
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DoorDash is announcing the acquisition of Rickshaw, a Y Combinator-incubated startup that helps businesses offer same-day delivery by connecting them to a courier network and managing the logistics. DoorDash has been developing a similar platform called Drive, which allows customers to use DoorDash’s network to make deliveries beyond DoorDash’s consumer website and app.… Read More
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Calling for room service is kind of annoying, though it’s one of the most first world-type of problems one could have. But that’s just to say the hotel industry is behind, technologically speaking. Startup AavGo is trying to fix that by bringing iPads into hotels to enable hotel staff to communicate among themselves, as well as enable hotel guests to easily communicate with… Read More
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