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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. Sennder competes with large incumbents like Wincanton and CH Robinson, as well as other startups such as OnTrac and Instafreight. The European logistics and freight sector has a market size of $427 billion.

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The Truth About the Scooter Economy?—?An Insider’s Perspective

Both Sides of the Table

As drivers we look out for them, as pedestrians we might be annoyed if they steer in our way but the riders themselves have developed better norms as happens in all forms of transportation. You can’t simply drop a bunch of electric scooters in a market and hope to compete with the data and software advantages of the incumbents.

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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

It also plans to soon offer embedded finance products. Additionally, Melonn works with a range of transportation providers, including incumbents such as FedEx or DHL and last-mile startups, to reduce shipping times and costs. . And in January, fulfillment is up 20% compared to November of 2021. 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. Gogoro’s public debut could supercharge EV battery swapping across the globe.

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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. According to the founders, Sylndr also plans on providing seven-day money back guarantee, warranty and availing flexible financing options to users.