Happy Friday.

Scheduled Shipment brings you latest updates in supply chain & commerce tech.

Top News

Digital Twins research gets $285 million in CHIPS Act funding in effort to supercharge U.S. semiconductor manufacturing.

Ryder study finds that converting 25 commercial vehicles from diesel to battery power in California would raise annual operating costs by 56% or $3.4 million per year.

Department of Defense has committed $450 million to domestic rare-earth magnet supply chain.

Massive Fundings

Wayve, a 7-year-old London, U.K. startup that provides autonomous vehicle software, raised a $1.1 billion financing led by SoftBank with participation from Nvidia and Microsoft. More here.

Base Power, a 1-year-old Austin, TX startup that provides battery-powered home energy, raised a $68.0 million Seed from Thrive Capital, Valor Equity Partners, Overmatch, Ironspring Ventures, and MCJ Collective. More here.

EnviroSpark Energy, a 10-year-old Atlanta, GA startup that provides an electric vehicle charging network, raised a $50.0 million financing from Basalt Infrastructure Partners. More here.

Mid-Size Fundings

Linova Energy, a 2-year-old Monrovia, CA startup that develops high-energy batteries, raised a $15.8 million Series A led by Catalus Capital with participation from TotalEnergies and Chevron Technology Ventures. More here.

Superplum, a 5-year-old Noida, India startup that supplies direct-from-farm produce, raised a $15.0 million Series A led by Erik Ragatz. More here.

Rize, a 1-year-old Singapore startup that provides measuring, reporting, and verification (MRV) technology for agriculture, raised a $14.0 million Series A led by Breakthrough Energy Ventures, GenZero, Temasek, and Wavemaker Impact. More here.

Cargado, a 1-year-old Chicago startup that provides US-Mexico cross-border logistics, raised a $10.0 million Seed led by Primary Venture Partners with participation from Ironspring Ventures, Zenda Capital, Wischoff Ventures, Proeza Ventures, and Ryder Ventures. More here.

Swap, a 3-year-old London, U.K. startup that provides an ecommerce operations system, raised a $9.0 million Series A led by QED with participation from Cherry Ventures, 9900 Capital, 2100 Ventures, and Ed Hallen. More here.

Smaller Fundings

Deltia, a 2-year-old Berlin, Germany startup that provides a warehouse picking optimization platform, raised a $4.8 million Seed led by Cavalry Ventures with participation from Merantix. More here.

Potential Motors, a 6-year-old Hanwell, Canada startup that provides off-road driver assistance technology, raised a $4.5 million Seed Extension led by Brightspark Ventures, Build Ventures, and NBIF with participation from Farpointe and TIME Ventures. More here.

BuildVision, a 1-year-old New York, NY startup that provides a construction material procurement platform, raised a $3.0 million Seed led by Crosslink Capital with participation from Euclid Ventures. More here.

Chowdeck, a 3-year-old Ikeja, Nigeria startup that provides food delivery services, raised a $2.5 million Seed led by Rocketship.vc, Goodwater Capital, and Y Combinator. More here.

Mimic, a 1-year-old Zurich, Switzerland startup that provides AI-powered robotic arms, raised a $2.5 million Pre-Seed led by Founderful with participation from another.vc and Tiny.vc. More here.

Renda, a 3-year-old Lagos, Nigeria startup that provides fulfillment & retail distribution, raised a $1.9 million Pre-Seed led by Ingressive Capital with participation from Techstars, Magic Fund, Golden Palm Investments, Reflect Ventures, and Vastly Valuable Ventures. More here.

Exits

Motional, a 4-year-old Boston, MA startup that provides autonomous vehicle technology developer, was acquired by Hyundai, a global auto manufacturer, in a deal estimated to value the company at $4.4 billion. More here.

Serve Robotics, a 7-year-old Redwood City, CA startup that provides sidewalk robot delivery, raised $40.0 million in a second public offering. More here.

Traverse Systems, a 24-year-old Sugar Land, TX startup that provides vendor performance management for retailers, was acquired by SPS Commerce, a provider of retail cloud services, for $29.3 million. More here.

Sawatch Labs, a 8-year-old Denver, CO startup specializing in fleet electrification analytics software, was acquired by WEX, a fleet payments platform. More here.

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