Scheduled Shipment #28 (7/12/24)

Walmart adds 5 automated distribution centers, Bidens awards $1.7B for US electric vehicles, Air freight volumes surge 13% YoY

Happy Friday.

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

Top News

Walmart is adding five new automated distribution centers to its grocery supply chain.

Biden awards $1.7 billion in grants for US electric vehicle manufacturing.

Air freight volumes surged 13% YoY in June.

Massive Fundings

Hayden AI, a five-year-old San Francisco, CA startup that provides traffic violation enforcement software using computer vision, raised a $90.0 million Series C led by TPG Capital with participation from Drawdown Fund and Autotech Ventures. More here. ​

Mid-Size Fundings

Buildots, a six-year-old Tel Aviv, Israel startup that provides digital twin software for construction sites, raised a $15.0 million financing led by Intel Capital. More here.

Exein, a six-year-old Rome, Italy startup that provides a cybersecurity platform for robotic arms, raised a $15.0 million Series B led by 33N with participation from Partech, United Ventures, eCAPITAL, and Future Industry Ventures. More here.

Shalion, a five-year-old Barcelona, Spain startup that provides real-time ecommerce data and analytics, raised a $5.4 million financing led by Seaya Ventures. More here.

Smaller Fundings

Lobb, a nine-year-old Bangalore, India startup that provides a digital freight brokerage platform, raised a $2.9 million Pre-Series A led by Rajesh Voddiraju, Sharada Nandakumar, and Shyama Raju. More here. ​

Equinox Ocean Turbines, a two-year-old Gorinchem, Netherlands startup that produces turbines that generate energy from ocean currents, raised a $2.6 million Seed led by EIT InnoEnergy with participation from Damen Maritime Ventures, NOM, FOM, and Init Power. More here.

Northbound, a one-year-old Berlin, Germany startup that provides demurrage and detention cost-reduction software, raised a $1.4 million Pre-Seed led by Apex Black with participation from id4 ventures, IBB Ventures, Schenker Ventures, and MVP Factory. More here.

Centriti, a thirteen-year-old New Delhi, India startup that provides a B2B procurement platform for hotels and restaurants, raised a $720K financing led by Emergent Ventures India with participation from Atrium Angels, Alluvium Capital, Venture Garage, CoralBay Ventures, HOF, and Brigade Group. More here.

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