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

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Top News

Kodiak Robotics, a self-driving long-haul trucking company, shifts focus to off-road vehicles for a $50 million Department of Defense contract.

Survey shows consumers expect free and fast shipping that retailers can’t meet.

U.S. importers are rushing orders in early ahead of shipping disruptions.

Massive Fundings

Waymo, a 15-year-old Mountain View, CA startup that develops autonomous vehicles, raised a $5.0 billion financing led by Alphabet. More here. ​

Tekion, an 8-year-old Pleasanton, CA startup that provides an enterprise platform for automotive manufacturers and retailers, raised a $200.0 million financing led by Dragoneer Investment Group. More here.

Nearfield Instruments, an 8-year-old Rotterdam, Netherlands startup that provides a metrology and inspection platform for semiconductor manufacturing, raised a $145.6 million Series C led by Walden Catalyst and Temasek with participation from Innovation Industries, Invest-NL, ING, and M&G Investments. More here.

Peak Energy, a 1-year-old Denver, CO startup that provides sodium-ion batteries for shorter-range EVs, raised a $55.0 million Series A led by Xora Innovation with participation from Eclipse Ventures and TDK Ventures. More here.

Mytra, a 3-year-old South San Francisco, CA startup that provides robotics for warehouse automation, raised a $50.0 million Series B led by Greenoaks. More here. ​

Coast, a 4-year-old New York, NY startup that provides expense management for fleets, raised a $40.0 million Series B led by ICONIQ Capital with participation from Accel, Insight Partners, Vesey Ventures, Avid Ventures, and Thomvest. More here.

Addionics, a 7-year-old London, U.K. startup that provides lithium-ion batteries, raised a $39.0 million Series B led by GM Ventures and Deep Insight with participation from Scania. More here.

Micropep, an 8-year-old Auzeville Tolosane, France startup that provides natural pesticide alternatives, raised a $29 million Series B led by Zebra Impact Ventures and BPI Green Tech Investments with participation from Fall Line Capital, FMC Ventures, and Sofinnova Partners. More here.

Mid-Size Fundings

Lyten, a 10-year-old San Jose, CA startup that provides lithium-sulfur battery technology, raised a $16.3 million Series A led by The Luxembourg Future Fund 2. More here.

itselectric, a 3-year-old New York, NY startup that provides curbside EV charging infrastructure, raised a $6.5 million Seed led by Failup Ventures and Uber with participation from Halogen Ventures, The Partnership Fund for NYC, Pulse Fund, Newlab, Gratitude Railroad, Tale VP, Equity Alliance Fund, LACI Impact Fund, and The Helm. More here.

Coldcart, a 3-year-old Chicago, IL startup that provides an orchestration platform for cold parcel logistics, raised a $6.5 million Seed led by Collide Capital with participation from Great North Ventures, Behind Genius Ventures, Feld Ventures, Alumni Ventures, and Service Provider Capital. More here.

Smaller Fundings

ReliON, a 1-year-old Montreal, Canada startup that provides a monitoring platform for EV charging infrastructure, raised a $3.0 million Seed led by Diagram Ventures with participation from MaRS Investment Accelerator Fund, AQC Capital, Anges Québec, and Cycle Momentum. More here.

Lodestar, a 1-year-old Didcot, U.K. startup that provides robotic maintenance for satellites, raised a $2.5 million Pre-Seed led by Inflection and Lunar Ventures. More here.

Exits

Lineage, a 16-year-old Novi, MI startup that provides refrigerated storage, raised $4.4 billion in an IPO. More here.

Pit Stop Fleet Service, a 27-year-old Venice, FL company that provides commercial vehicle servicing, was acquired by Ryder for an undisclosed amount. More here.

Estafeta, a 45-year-old Mexico City, Mexico company that provides express delivery services, was acquired by UPS for an undisclosed amount. More here.

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