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- Scheduled Shipment #16 (4/19/24)
Scheduled Shipment #16 (4/19/24)
Samsung's Texas chips, Yellow revival bid fails, trucking over capacity

Happy Friday.
Scheduled Shipment brings you latest updates in global commerce, supply chain, and manufacturing.
Top News
Samsung gets $6.4 billion from Biden administration for Texas chip manufacturing.
Bid to revive failed trucking company Yellow falls apart.
Analysts lower earnings outlooks for truckers who continue to be troubled by over capacity.
Massive Fundings
Windrose Technology, a 2-year-old Hefei, China startup that develops zero-emission trucks, raised a $110.0 million Series B led by Goodman Group, HITE Hedge Asset Management, and HSBC. More here.
Flink, a 4-year-old Berlin, Germany startup that provides grocery delivery services, raised a $106.0 million financing led by undisclosed investors. More here.
Collaborative Robotics, a 2-year-old Santa Clara, CA startup that produces robots, raised a $100.0 million Series B led by General Catalyst with participation from Khosla Ventures, Sequoia Capital, Lux Capital, Industry Ventures, 1984 Ventures, Calibrate Ventures, Mayo Clinic, MVP Ventures, Neo, and Bison Ventures. More here.
Varda, a 4-year-old El Segundo, CA startup that produces drugs in space, raised a $90.0 million Series B led by Caffeinated Capital with participation from Founders Fund, General Catalyst, Khosla Ventures, Lux Capital, Space Capital, and Infinite Capital. More here.
Mid-Size Fundings
Yoshi Mobility, a 9-year-old Nashville, TN startup that provides a vehicle inspection and maintenance platform, raised a $35.7 million Series C led by GM Ventures with participation from Bridgestone. More here.
Pula, a 9-year-old Mollis, Switzerland startup that provides agricultural insurance, raised a $20.0 million Series B led by BlueOrchard Finance with participation from Bill & Melinda Gates Foundation, Hesabu Capital, and International Finance Corporation. More here.
Champ, a 6-year-old Cleveland, OH startup that provides digital vehicle titles, raised an $18.0 million Series C led by Point72 Ventures with participation from Eos Venture Partners, Guidewire, Rev1 Ventures, and W.R. Berkley. More here.
Mode, a 10-year-old San Mateo, CA startup that provides an AI assistant for factories, raised an $8.8 million Series B led by Daiichi Jitsugyo Company, JR East Start Up, and True Ventures with participation from SBI Investment. More here.
ClickPost, a 9-year-old New Delhi, India startup that provides logistics management for ecommerce, raised a $6.0 million Series A led by Rebright Partners and Riverwalk Holdings. More here.
Cyvl.ai, a 4-year-old Somerville, MA startup that provides data for infrastructure builders, raised a $6.0 million financing led by Companyon Ventures with participation from Aero X Ventures, Argon Ventures, Hub Angels Investment Group, Launchpad Venture Group, MassVentures, Alumni Ventures, and RiverPark Ventures. More here.
Carrar, a 5-year-old Tel Aviv, Israel startup that provides battery modules for electric vehicles, raised a $5.3 million Series A led by Gentherm, NextGear Ventures, and OurCrowd with participation from DIVEdigital, NextLeap Ventures, and Salida B.V. More here.
Smaller Fundings
Diagon, a 1-year-old San Francisco, CA startup that provides manufacturing equipment procurement, raised a $4.2 million Seed led by The Westley Group with participation from Techstars, Valia Ventures, Foster Ventures, Foxe Capital, Anthemis, and REFASHIOND Ventures. More here.
The Folklore, a 7-year-old New York, NY startup that provides B2B wholesaling for fashion brands, raised a $3.4 million Seed led by Black Tech Nation Ventures, Slauson & Co., and Techstars. More here.
OlsAro, an 11-year-old Gothenburg, Sweden startup that provides a smart crop breeding platform, raised a $2.7 million Seed led by AgFunder, FLORA Ventures, and Mudcake. More here.
Bumper, an 11-year-old London, U. K. startup that develops a vehicle repair finance platform, raised a $2.5 million financing led by Marubeni Ventures and Suzuki Global Ventures. More here.
NPHarvest, a 1-year-old Espoo, Finland startup that provides wastewater recycling services, raised a $2.4 million Seed led by Nordic FoodTech VC with participation from Finnish Ministry of the Environment and Stephen Industries. More here.
Truckoo, a 5-year-old Munich, Germany startup that provides a commercial vehicle trade platform, raised a $1.6 million financing led by Boom Ventures, FlixBus, and MobilityFund with participation from WaVe-X, Global Founders Capital, and Vent.io. More here.
Exits
One Network Enterprises, a 25-year-old Dallas, TX provider of supply chain management software, was acquired by Blue Yonder, a large supply chain services provider, for $848.6 million. More here.
HysetCo, a 5-year-old Saint Denis, France startup that provides hydrogen-powered taxi rentals, was acquired by a group of investors including Hy24, Eiffel Investment Group, and RAISE Group. More here.
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