- Scheduled Shipment
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- Scheduled Shipment #69
Happy Friday.
Tons of activity in the mobility space. Aurora launched its self-driving commercial trucks, just 5 months after Kodiak Robotics. Also, there is a new EV pickup truck in town from Bezos-backed Slate.
$236 million raised across 15 startups. 2 exits.
Let’s dig in.
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Top News
Slate Auto debuts new EV pickup truck.
Aurora launches commercial self-driving truck service in Texas.
Waymo and Toyota announce partnership to develop a new autonomous vehicle platform.
Timeline
From DC: we asked @typesfast about the impact of the U.S.-China tariffs
"There's a 60% decrease in ocean freight bookings from China to the U.S, which resulted in a 25% decline in sailings because trips are getting cancelled."
— TBPN (@tbpn)
9:09 PM • Apr 30, 2025
.@8vc Partner Alex Moore reports a significant rise in startups spearheading the revitalization of U.S. shipbuilding capacity: "I’ve been pitched ten maritime startups in the past two months."
— Turpentine (@TurpentineMedia)
11:45 PM • Apr 30, 2025
Massive Fundings
indiGO Technologies, a 15-year-old Woburn, MA startup that develops electric vehicles for ride hailing and delivery, raised a $54.0 million Series BB from FedEx, Foxconn, and FM Capital. More here.
Nuvo, a 3-year-old San Francisco, CA startup that provides a B2B trade platform for physical goods, raised a $34.0 million Series A led by Sequoia Capital and Spark Capital. More here.
Mid-Size Fundings
P-1 AI, a 1-year-old San Francisco, CA startup that provides engineering AGI platform for physical systems, raised a $23.0 million Seed led by Radical Ventures with participation from Village Global, Schematic Ventures, Lerer Hippeau, Jeff Dean, Peter Welinder, and Bob van Luijt. More here.
Near Space Labs, an 8-year-old Brooklyn, NY startup that produces helium balloon-based aircraft to capture Earth imagery, raised a $20.0 million Series B led by BOLD Capital Partners with participation from USAA, Climate Capital, Gaingels, RiverPark Ventures, Crosslink Capital, Third Sphere, and Draper Associates. More here.
OmniRetail, a 6-year-old Lagos, Nigeria startup that provides a B2B e-commerce platform for manufacturers, distributors, and retailers, raised a $20.0 million Series A led by Norfund and Timon Capital with participation from Ventures Platform, Aruwa Capital, Goodwell Investments, and Flour Mills of Nigeria. More here.
ChEmpower, a 3-year-old Beaverton, OR startup that provides semiconductor materials, raised an $18.7 million Series A led by M Ventures and Rhapsody Venture Partners with participation from Intel Capital, Pangaea Ventures, Foothill Ventures, In-Q-Tel, and TEL Venture Capital. More here.
Glacier, a 6-year-old San Francisco, CA startup that provides robotics for recycling, raised a $16.0 million Series A led by Ecosystem Integrity Fund with participation from AlleyCorp, Alumni Ventures, Amazon's Climate Pledge Fund, Cox Exponential, Elysium, NEA, One Small Planet, Overlap Holdings, Overture, VSC Ventures, and Working Capital Fund. More here.
Hoofprint Biome, a 2-year-old Raleigh, NC startup that provides microbiome engineering solutions to reduce methane emissions from cattle, raised a $15.0 million Series A led by SOSV with participation from AgriZeroNZ, Alexandria Venture Investments, Amazon's Climate Pledge Fund, Breakthrough Energy Ventures, Good Growth Capital, Ponderosa Ventures, and Twynam. More here.
Field Materials, a 3-year-old Charlotte, NC startup that provides a construction material and equipment procurement platform, raised a $10.5 million Series A led by Navitas Capital with participation from Blumberg Capital, DivcoWest Ventures, S16vc, and Superseed Ventures. More here.
Ace Aquatec, a 24-year-old Dundee, Scotland startup that provides an aquaculture technology platform, raised a $8.5 million financing led by Stolt Ventures with participation from Scottish Enterprise and Aqua-Spark. More here.
Neurolabs, a 7-year-old London, UK startup that provides an AI-powered retail operations optimization platform, raised a $7.8 million Series A led by Nauta with participation from LAUNCHub, Lunar Ventures, and Techstart. More here.
Smaller Fundings
Hinalea Imaging, a 4-year-old Emeryville, CA startup that provides an imaging platform for food safety and quality, raised a $4.7 million Seed led by Pangaea Ventures with participation from New World Angels and TEL Venture Capital. More here.
Kofa, a 3-year-old Ghana startup that provides battery swapping services for vehicles, homes, and businesses, raised a $3.3 million Pre-Series A led by E3 Capital and Injaro Investment Advisors with participation from Shell Foundation, UK Government's Transforming Energy Access, and Richard Thwaites. More here.
Vividobots, a 4-year-old Chennai, India startup that develops robots for home contractor tasks, raised a $170K Seed led by Inflection Point Ventures. More here.
Arkieva, a 32-year-old Wilmington, DE startup that provides a supply chain planning platform, raised an undisclosed financing led by Banneker Partners. More here.
Exits
Merge Transportation, a 6-year-old Charleston, SC startup that provides third-party logistics, was acquired for an undisclosed amount by Nuvocargo. More here.
Wynshop, a 5-year-old Fort Lauderdale, FL startup that provides eCommerce solutions for grocers, was acquired for an undisclosed amount by InstaCart. More here.
Thanks for Reading!
-Greg
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