Happy Friday.

Scheduled Shipment brings you latest updates in global commerce, supply chain, and logistics.

Top News

Sam Altman wants to raise $7 trillion to reshape the global semiconductor industry.

Are warehouse demand shrinks, availability jumps to 156 million square feet in Q4 2023, up 3x from Q4 2021.

China now accounts for over 50% of global shipbuilding. Heavy demand has Chinese shipyards booked through 2026.

Mid-Size Fundings

Daedalus, a 4-year-old Karlsruhe, Germany startup that provides an AI-powered precision parts manufacturer, raised a $21 million Series A led by NGP Capital with participation from Khosla Ventures and Addition. More here.

Aizon, an 11-year-old San Francisco startup that provides AI-enhanced pharmaceutical manufacturing, raised a $20 million Series C led by NewVale Capital with participation from Atlantic Bridge, Crosslink Capital, and Uncork Capital. More here.

Greyparrot, a six-year-old London startup that provides computer vision software for recycling plants, raised a $12.8 million round led by Bollegraaf Recycling Solutions with participation from Kinled. More here.

Peripass, an 18-year-old Gent, Belgium startup that provides a yard management platform, raised a $8.1 million round led by Welvaartfonds. More here.

Portchain, a seven-year-old Copenhagen startup that provides berth and schedule operations software, raised a $5 million round led by Angular Ventures with participation from MK Ventures. More here.

Smaller Fundings

First Bite, a one-year-old Redwood City, CA startup that provides a data platform to maximize foodservice sales, raised a $2 million Seed round led by Bread & Butter Ventures with participation from Leadout Capital and Pathbreaker Ventures. More here.

Logidoo, a five-year-old Casablanca, Morocco startup that provides a cross-border logistics solution for ecommerce, raised a $1.55 million Seed round led by Kalys Ventures, Maroc Numeric Fund, Gullit, Founders Factory, Sunny Side Venture Partners, and 216 Capital Ventures. More here.

Exits

Next Trucking, a 9-year-old Torrance, CA year-old startup that provides a digital marketplace for trucking services was acquired by CDL 1000, its six-year-old Chicago-based rival. Next had raised $273 million prior to the acquisition from investors including Sequoia Capital, Mucker Capital, and Brookfield Growth. More here.

Flexis, a 24-year-old Stuttgart, Germany year-old startup that provides supply-chain automation for manufacturing, was acquired by BlueYonder, a 39-year-old Scottsdale, AZ supply chain management platform. More here.

Events

Feb 20 2024: Link Up: supply chain logistics meetup

• Location: San Francisco

• Time: 6-9pm

• Description: Come nerd out on supply chain & logistics with fellow builders, operators, and investors! Special thanks to our sponsors McVest Co, 8VC, Basis Set, Paccar.

Feb 22 2024: re:Forge Manufacturing Startup Showcase

• Location: San Francisco

• Time: 6-8pm

• Description: Schematic Ventures is excited to host our next manufacturing startup showcase! During the event, the founders of San Francisco's top manufacturing startups will answer questions about their companies and the complexities of building and operating in the space.