Happy Friday.

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

Top News

Apple shuttered its electric car initiative, Project Titan, with many of the team moving to AI initiatives.

Thrasio, one of the largest ecommerce brand aggregators, filed for Chapter 11 bankruptcy protection.

FTC is suing to block the $25 billion Kroger-Albertsons merger.

Massive Fundings

Antora Energy, a seven-year-old Sunnyvale, CA startup specializing in zero-emissions industrial heat and power, raised a $150 million Series B led by Decarbonization Partners with participation from BHP Ventures, GS Ventures, Lowercarbon Capital, Grok Ventures, Trust Ventures, Overture VC, Breakthrough Energy, The Nature Conservatory, and Emerson Collective . More here.

Hadrian, a four-year-old Hawthorne, CA startup providing automated precision component manufacturing, raised a $117 million Series B led by RTX Ventures with participation from Founders Fund, Andreessen Horowitz, Lux Capital, Caffeinated Capital, Sosnow & Associates, Bracket Capital, Silent Ventures, Cubit Capital, Construct Capital, Shruf Capital, Woodbridge Capital Management, and Tru Arrow Partners. The fundraise is comprised of both debt and equity. More here.

Recogni, a seven-year-old San Jose, CA startup providing a computing platform for autonomous vehicles, raised a $102 million Series C led by GreatPoint Ventures and Celesta Capital with participation from Mayfield, DNS Capital, BMW i Ventures, and SW Mobility. More here.

Shadowfax, a nine-year-old Bengaluru, India startup offering a last-mile delivery platform, raised a $100 million Series E led by TPG NewQuest with participation from Qualcomm Ventures, Flipkart, Trifecta Capital Partners, NGP Capital, Mirae Asset Global Investments, and International Finance Corporation. The fundraise is comprised of both debt and equity. More here.

Crisp, an eight-year-old Miami startup providing real-time inventory data for retail, raised a $50 million Series B led by FirstMark Capital with participation from Spring Capital, 9Yards Capital, Gaingels, Tapas Capital, Blue Cloud Ventures, Ridgeback Capital, Calm Ventures, Keen Ventures Partners, Target Global, and 3L. More here.

Mid-Size Fundings

Haomo, a five-year-old startup Beijing startup offering autonomous driving solutions, raised a $14 million Series B led by Chengdu Wufa Private Equity Fund Management. More here.

Parspec, a four-year-old San Mateo, CA startup offering an operations platform for construction companies, raised a $11.5 million Seed led by Innovation Endeavors with participation from Heartland Ventures, Hometeam Ventures, and Building Ventures. More here.

OpenBorder, a one-year-old London startup providing an international growth platform for ecommerce brands, raised a $10 million Seed led by Peak XV Partners with participation from Pari Passu Venture Partners, Harlem Capital, and Capital 49. More here.

Novity, a two-year-old San Carlos, CA startup offering a predictive maintenance platform for manufacturers, raised a $7.8 million Seed led by WERU Investment with participation from Metawater and Myriad Venture Partners. More here.

Smaller Fundings

Buildstock, a two-year-old NYC startup providing a B2B construction materials marketplace, raised a $1.6 million Pre-Seed led by REFASHIOND Ventures, Precursor Ventures, and XFactor Ventures with participation from MGV, MXV Capital, and Brighter Capital. More here.