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FourKites Raises $100M in Series D

HPA

Lee Partners (THL), with participation from Qualcomm Ventures, Volvo Group Venture Capital AB and Zebra Technologies, as well as existing investors Hyde Park Angels , August Capital, CEAS Investments, Hyde Park Venture Partners and Bain Capital Ventures, bringing total capital raised to over $200 million.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. “I founded Sima.ai

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Bringing the Mediterranean Way to the Masses

Revolution

Our partnership with CAVA began in 2015, when the Mediterranean fast-casual chain had just a dozen locations in D.C., CAVA’s founders had a vision to bring heritage, heart, health, and innovation to the fast-casual sector. Now their company is trading on the New York Stock Exchange. Maryland, and Virginia.

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Tive, a startup developing supply chain visibility tools, raises $54M

TechCrunch

Supply chain disruptions — triggered by factors including demand surges, high transportation costs and pandemic-related lockdowns — are expected to continue well into next year, experts predict. Companies are experiencing the brunt of the impact, with 36% of small businesses responding to a 2021 U.S. Last year saw $11.3

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Seadronix aims to reduce marine accidents at port and sea with AI

TechCrunch

The fresh funds, led by SoftBank Ventures Asia , bring Seadronix’s the total round up to $8.3 “With this funding, we hope to recruit more staff for the AI, sensor fusion and navigation business and accelerate our global market penetration plan.” The company just secured a $5.8

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Indonesian fintech Flip secures $48M in Series B to support expansion

TechCrunch

Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. Sequoia Capital India, Insight Partners and Insignia Ventures Partners co-led the Series B round. The funding brings Flip’s total capital raised to $65million. .

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SoftBank-backed Tridge, a Korean platform that matches food agriculture buyers and sellers, bags $37.2M Series D at a $2.7B valuation

TechCrunch

Supply chain disruption caused by the COVID-19 pandemic and the war in Ukraine is driving increased costs of goods and services, affecting not only the industrial sector (e.g., million since its inception in 2015. With this investment, we will accelerate overseas expansion plans.”. Carrefour and Indofood. and Europe.