Happy Friday.

Scheduled Shipment brings you latest updates in global commerce, supply chain, and logistics.

Top News

Matter Venture Partners, a new hard tech VC started by Wen Hsieh and Haomiao Huang from Kleiner Perkins, raised a $300 million first fund.

Companies are using generative AI to consolidate truckloads, find rebates, and provide shipment updates.

The Francis Scott Key Bridge in Baltimore collapsed after it was struck by a vessel.

Massive Fundings

Moove, a 4-year-old Amsterdam startup that provides a financing platform for ride-share drivers, raised a $100 million Series B led by Uber with participation from Africinvest, Future Africa, Mubadala Investment Company, Palm Drive Capital, and thelatest.ventures. More here.

Pandion, a 4-year-old Bellevue, WA startup providing ecommerce fulfillment, raised a $41.5 million Series B led by Revolution Growth with participation from Playground Global, Prologis Ventures, Bow Capital, Telstra Ventures, AME Cloud Ventures, Schematic Ventures, PROOF, and Sentinel Global. More here.

Coast, a 4-year-old New York startup providing a fleet card platform, raised a $25 million Series B led by Insight Partners, Vesey Ventures, and Avid Ventures with participation from Better Tomorrow Ventures, BoxGroup, and Accel. More here.

Mid-Size Fundings

NX Technologies, a 6-year-old Cologne, Germany startup that provides a payment platform for car dealerships, raised a $23.9 million Series B led by PayPal Ventures with participation from Motive Partners, Seaya Ventures, and Walter Ventures. More here.

Fuel Me, a 4-year-old Burr Ridge, IL startup that provides a fuel procurement platform, raised a $18.5 million Series A led by Pritzker Group Venture Capital and Tribeca Venture Partners with participation from Bessemer Venture Partners, Bridge Ventures, Correlation Ventures, FJ Labs, Forefront Venture Partners, Gaingels, Hyde Park Angels, and Interplay. More here.

Gather AI, a 7-year-old Pittsburgh, PA startup that provides Inventory management for warehouses, raised a $17 million Series A led by Bain Capital Ventures with participation from Bling Capital, Dundee Venture Capital, Tribeca Venture Partners, and Expa. More here.

Marco, a 5-year-old Miami, FL startup that provides trade finance for LatAm SMBs, raised a $12 million Series A led by IDC Ventures with participation from IDB Lab, Barn Invest, SquareOne Capital, Arcadia Funds, Florida Funders, Miami Angels, Kayyak Ventures, and Neer Ventures. More here.

Stress-Free Auto Care, a 5-year-old Mountain View, CA startup that provides tech-enabled auto repair shops, raised a $11 million Series A led by Forerunner Ventures with participation from Afore Capital. More here.

Iron Sheepdog, a 6-year-old Williamsburg, VA startup that provides supply-chain management for construction, raised a $10 million Series B led by SJF Ventures with participation from Grand Ventures and Supply Chain Ventures. More here.

Circular, a 3-year-old Palo Alto, CA startup that provides a recycled plastics procurement platform, raised a $5.3 million financing led by Eclipse Ventures, Maniv Mobility, and Oxygea. More here.

Techcoop, a 2-year-old Ho Chi Minh City, Vietnam startup that provides a trade and financing platform for agriculture SMBs, raised a $5 million Seed led by TNB Aura, Ethos Ventures, and Mandala Capital with participation from Ascend Vietnam Ventures. More here.

Smaller Fundings

MarineLabs, a 7-year-old Victoria, Canada startup that provides a coastal intelligence platform, raised a $4.5 million Seed led by BDC Capital with participation from Seaspan International. More here.

Pelikan Mobility, a 2-year-old French startup that provides an EV fleet management system, raised a $4.2 million Seed led by Seedcamp, Pale Blue Dot, and Frst Capital with participation from Bpifrance. More here.

ProcMart, a 9-year-old Noida, India startup that provides a B2B procurement marketplace, raised a $3.0 million Series B led by Sixth Sense Ventures. More here.

Cargofive, a 6-year-old Lisbon, Portugal startup that provides an operating system for freight forwarders, raised a $2.7 million financing led by Indico Capital Partners and EIT KIC Urban Mobility. More here.

ENAPI, a Berlin startup started this year that provides EV charging point interoperability, raised a $2.5 million Pre-Seed led by Project A Ventures with participation from Seedcamp and Hello World. More here.

Kamereo, a 6-year-old Ho Chi Minh City, Vietnam startup that provides a restaurant procurement platform, raised a $2.1 million Pre-Series B led by Quest Ventures, Reazon Holdings, and Thoru Yamamoto. More here.

Just Deliveries, a 5-year-old Mumbai, India startup that provides last-mile delivery for perishables, raised a $1 million Seed led by NABVENTURES with participation from Faad Network, Caret Capital, Anay Ventures, and Mahansaria Group. More here.

Events

AI in E-commerce Meetup
- When: Thursday, April 4 5:30-8:00pm
- Where: San Francisco, CA
- What: 🎉 The MLOps Community in San Francisco is coming together in person for our 2nd meetup of the year, in partnership with RubberDuckyLabs and Bain Capital Ventures! In a reprieve from the simultaneous hype and hustle of LLMs, our upcoming gathering offers a refreshing dive into the tangible, critical intersection of AI and e-commerce. This event is tailored for founders, product managers, and engineers eager to move beyond the theoretical allure of generative AI, focusing instead on the practical challenges that businesses face when implementing and optimizing AI technologies in real-world settings. We're setting the stage for an in-depth exploration of evaluating, debugging, and productionizing AI within the dynamic realm of e-commerce—a sector where the stakes for AI's success are exceptionally high.