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Digital road freight forwarder Sennder raises $160M Series, plans European expansion

TechCrunch

Sennder , a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. The round was led by an unnamed party, but round participants included Accel, Lakestar, HV Capital, Project A and Scania. Digital freight forwarder Forto raises another $50M in round led by Inven Capital.

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Robotaxi rivals Pony and WeRide join Chinese ride-hailing service OnTime’s $153M round

TechCrunch

Financing from the round came from a mix of private and public funds in China and overseas. OnTime is the ride-hailing service introduced by GAC in 2019 as one of the newcomers competing with incumbent Didi, many of which are either operated by auto OEMs or are close to one.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. It also plans to soon offer embedded finance products. So, just how does it work?

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TechCrunch+ roundup: Psychedelic biotech, Gogoro’s SPAC, H-1Bs for Ukrainians

TechCrunch

Launched in 1987, the company provides hundreds of transportation and hospitality providers with inventory management and booking services. If you can map every oasis in a desert, you’ve created a transportation network. venture capital activity,” he writes. . Image Credits: Gogoro (opens in a new window).

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After selling Bread last year for over $500M, this founder just raised millions for his new fintech startup

TechCrunch

When Daniel Simon sold Bread , a consumer purchase finance and payments startup he’d co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building another startup.

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Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market

TechCrunch

Recently, there’s been rapid digitization of this market , with several startups upending incumbents such as classifieds and hoping to define the new era of used-car-sale platforms. Saudi-based early-stage venture capital firm RAED Ventures led the round. Some include U.K.’s We’re looking to develop that as we go,” he noted.

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End-to-end operators are the next generation of consumer business

TechCrunch

The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. It’s worth noting that these end-to-end models typically require more capital to reach scale, as greater upfront investment is necessary to get them off the ground than other, more narrowly focused marketplaces.