Top News

Waymo begins offering robotaxi rides in Austin for select riders.

J.B. Hunt and UP.Labs launch venture lab to build logistics startups.

Serve Robotics and Wing to trial robot-to-drone delivery in Dallas.

Massive Fundings

Joby Aviation, a 15-year-old Santa Cruz, CA startup that provides electric air taxis, raised a $500.0 million financing led by Toyota. More here.

Distribusion, a 12-year-old Berlin, Germany startup that provides a B2B ground transportation marketplace, raised an $80.0 million Series C led by TQ Ventures with participation from Lightrock. More here.

Cyclic Materials, a 3-year-old Toronto, Canada startup that provides a recycling platform for rare earth elements, raised a $53.0 million Series B led by ArcTern Ventures with participation from BDC Capital, Hitachi Ventures, Microsoft Climate Innovation Fund, Fifth Wall, BMW i Ventures, Energy Impact Partners, and Planetary Technologies. More here.

VELA, a 2-year-old Bayonne, France startup that produces sailing wind-powered cargo ships, raised a $44.4 million financing from Credit Mutuel Impact, 11th Hour Racing, and Bpifrance. More here.

Mid-Size Fundings

Vsim, a 2-year-old Altrincham, U.K. startup that provides advanced simulation technology for robotics, raised a $24.0 million financing led by EQT Ventures with participation from Factorial Funds, Samsung Next, Tru Arrow, Xora, IQ Capital, Koro Capital, Concept Ventures, Lakestar Scout Fund, and Carles Reina. More here.

Bot Auto, a 1-year-old Houston, TX startup that provides autonomous trucking, raised a $20.0 million Pre-Series A from Brightway Future Venture, Cherubic Venture, EnvisionX Venture, First Star Venture, Linear Capital, M31 Capital, Taihill Venture, and Uphonest Venture. More here.

Pallet, a 2-year-old Fremont, CA startup that provides an AI-powered TMS and WMS platform, raised an $18.0 million Series A led by Bain Capital Ventures with participation from Bessemer Venture Partners, Activant Capital, Zach Frankel, Aman Narang, Steve Fredette, Tim Barash, Manuel Kadre, and John Curtius. More here.

Acceleron Fusion, a 1-year-old Cambridge, MA startup that provides clean energy via muon-catalyzed fusion, raised a $15.0 million financing from undisclosed investors. More here.

AmpUp, a 6-year-old Santa Clara, CA startup that provides an electric-vehicle charging platform, raised a $15.0 million Series A led by Touchdown Ventures with participation from Autotech Ventures, MUUS Climate Partners, Foothill Ventures, Goodyear Ventures, Powerhouse Ventures, TechNexus Venture Collaborative, WEX Venture Capital, Connecticut Innovations, and Holman. More here.

Outgo, a 3-year-old Seattle, WA startup that provides banking services to freight carriers, raised a $15.0 million financing led by Gradient Ventures and Construct Capital with participation from Neo, PSL Ventures, Bezos Expeditions, Fintech Fund, Operator Stack, and Upper90. More here.

Voliro, a 5-year-old Zurich, Switzerland startup that produces drones to inspect heavy industrial machinery, raised a $12.0 million Series A led by Cherry Ventures. More here.

Micropep, an 8-year-old Auzeville Tolosane, France startup that provides natural pesticide alternatives, raised an $11.0 million Series B-1 from Corteva and Sparkfood. More here.

Argo Space, a 3-year-old Hermosa Beach, CA startup that provides in-space transport services, raised a $7.9 million Seed led by Crosslink Capital with participation from Stellar Ventures and Type One Ventures. More here.

Ameba, a 1-year-old London, U.K. startup that provides a supply chain management platform for fashion brands, raised a $7.0 million Seed led by Hedosophia with participation from Visionaries Club and Anamcara Capital. More here.

GenLogs, a 1-year-old Arlington, VA startup that uses roadside sensors to collect data on truck movements, raised a $6.0 million Seed led by Autotech Ventures and Steel Atlas with participation from Venture53, TitletownTech, Plug and Play Ventures, BBQ Capital, ASC Ventures, and JHH Ventures. More here.

Smaller Fundings

Eion, a 4-year-old Princeton, NJ startup that measures carbon dioxide removal through enhanced rock weathering on farmland, raised a $3.0 million Series A Extension from Growmark, AgFunder, Ridgeline, Trailhead Capital, Overture Partners, Mercator Partners, and Exelon Foundation. More here.

Enlaye, a 1-year-old risk management platform for the construction industry, raised a $1.7 million Pre-Seed led by Glasswing Ventures and Hannah Grey VC. More here.

Qarbotech, a 6-year-old Puchong, Malaysia startup that produces a photosynthesis enhancer for crops using nanotechnology, raised a $1.5 million Seed led by 500 Global with participation from Better Bite Ventures, ID Capital, EQT Foundation, and Epic Angels Limited. More here.

Cariqa, a 1-year-old Berlin, Germany startup that provides an electric vehicle charging marketplace, raised a $1.1 million Pre-Seed from Anthemis, Vento Ventures, Hatcher+, Techstars, Golden Egg Check, and Plug and Play. More here.

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