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

Top News

Potential Red Sea ceasefire leads to falling ocean carrier share prices.

Target and other retailers are using stores as online fulfillment centers.

Port of Baltimore reopened 11 weeks after bridge collapse.

Massive Fundings

FLO EV Charging, a 15-year-old Quebec, Canada startup that provides an electric vehicle charging network, raised a $101.7 million Series E led by Export Development Canada. More here.

Echion Technologies, a 7-year-old Cambridge, U.K. startup that develops fast-charging battery materials, raised a $34.3 million Series B led by Volta Energy Technologies with participation from CBMM, BGF, and Cambridge Enterprise Ventures. More here.

XOCEAN, a 7-year-old Greenore, Ireland startup that provides ocean data using uncrewed vessels, raised a $32.5 million Series B led by Venturewave Capital with participation from Endeavor Catalyst and Enterprise Ireland. More here.

Neural Concept, a 6-year-old Lausanne, Switzerland startup that provides an electric vehicle design platform, raised a $29.7 million Series B led by Forestay Capital with participation from D.E. Shaw, Alven, Constantia New Business, HTGF, and Aster Group. More here.

Mid-Size Fundings

Gireve, an 11-year-old Paris, France startup that provides an electric vehicle charging platform, raised a $21.7 million Series B led by Partech. More here.

EthonAI, a 3-year-old Zurich, Switzerland startup that provides a manufacturing analytics platform, raised a $16.5 million Series A led by Index Ventures with participation from General Catalyst, Earlybird, and Founderful. More here.

Qargo, a 6-year-old Buckinghamshire, U.K. startup that provides a fleet management and optimization platform, raised a $13.7 million Series A led by Balderton Capital. More here.

Coboworx, a 5-year-old Salmtal, Germany startup that provides a Robotics-as-a-Service platform for SMBs, raised a $12.4 million financing from Northstar Family Holdings, SquareOne Venture Capital, and Picus Capital. More here.

Unigrid, a 3-year-old San Diego, CA startup that produces sodium-ion batteries, raised a $12.0 million Series A led by Transition VC and Ritz Venture Capital with participation from Union Square Ventures and Foothill Ventures. More here.

SiTration, a 4-year-old Cambridge, MA startup that provides a low-cost critical materials recovery platform, raised an $11.8 million Seed led by 2150 with participation from BHP Ventures, Extantia, Orion Industrial Ventures, Azolla Ventures, and E14 Fund. More here.

Viaduct, a 6-year-old Menlo Park, CA startup that provides a predictive maintenance platform for vehicle manufacturers, raised a $10.0 million Series B led by FM Capital with participation from Innovation Endeavors, Exor, Stellantis Ventures, and Sumitomo Rubber. More here.

OnStation, a 10-year-old Cleveland, OH startup that provides a digital stationing platform for construction sites, raised an $8.5 million Series A led by JumpStart Ventures with participation from VisionTech Partners, Frontier Angels, Up2 Opportunity Fund, JobsOhio Growth Capital Fund, Next Chapter Ventures, North Coast Ventures, and New Dominion Angels. More here.

CargoSense, a 12-year-old Reston, VA startup that provides a cold chain visibility and automation platform, raised an $8.0 million Series A led by Lanza techVentures with participation from Merck Global Health Innovation Fund, SmoothBrain, and The Pallet Alliance. More here.

Ship Angel, a 1-year-old New York, NY startup that provides a supply chain operating system for shippers, raised a $5.5 million financing led by Glasswing Venture and Newark Venture Partners with participation from Bienville Capital, Socii Capital, and Plug and Play. More here.

Botsync, a 7-year-old Singapore startup that provides a no-code robot management platform for manufacturers, raised a $5.2 million Series A led by Capital 2B and Betatron Venture Group with participation from IvyCap Ventures, AppWorks, Iterative, Wong Fong, ZB Capital, Nalin Advani, and Ascend Angels. More here.

Smaller Fundings

Skye Air, a 6-year-old Gurugram, India startup that provides a drone delivery logistics solution, raised a $4.0 million Series A from Mount Judi Ventures, Chiratae Ventures, Venture Catalyst, Windrose Capital, and Tremis Capital. More here.

Loady, a 1-year-old Mannheim, Germany startup that provides a loading requirement standardization platform, raised a $3.5 million Seed led by BW Innovation Fonds and MBG Mittelständische Beteiligungsgesellschaft Baden-Württemberg with participation from Chemovator and KST Invest. More here.

SmartLoC, a 3-year-old Bad Oldesloe, Germany startup that provides a B2B payments platform for international trade, raised a $2.0 million Seed led by High-Tech Gründerfonds with participation from Loggerhead Ventures and MBG Mittelständische Beteiligungsgesellschaft Schleswig-Holstein mbH. More here.

ResVR, a 1-year-old Calgary, Canada startup that provides a homebuild visualization platform, raised a $1.1 million Seed led by Inverted Ventures and Weave VC with participation from Bluesky Equity, InRoad Ventures, ThresholdImpact, and Startup TNT. More here.

Exits

BoxTop Technologies, a 29-year-old Windsor, U.K. startup that provides freight management software, was acquired by Descartes Systems Group, a logistics software provider, for $13.0 million. More here.

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