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Via acquires delivery logistics startup Fleetonomy to bolster fulfillment with AI

In a move to expand its business into the logistics and delivery segment, ride-hailing startup Via today announced that it acquired Fleetonomy for an undisclosed sum. Via, which says it plans to apply Fleetonomy’s expertise in demand prediction and fleet utilization to support fully integrated, digitally powered logistics solutions, says the pandemic has highlighted the […]

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Pudu Technology raises over $15 million for ‘contact-free’ autonomous delivery robots

Shenzhen-based robotics R&D startup Pudu Technology today announced an over $ 15 million round. The company claims over 2,000 hotel, restaurant, and hospital customers — including Sheraton and JD.com — across 20 countries. It will use the funds to develop new products, expand sales, and explore markets overseas. The pandemic has accelerated the demand for […]

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DispatchTrack raises $144 million to optimize delivery routes with AI

Logistics startup DispatchTrack today announced it raised $ 144 million in the company’s first-ever financing round. CEO Satish Natarajan says it will be used to support product research and development, as well as business, segment, and geographic expansion. The logistics market is an increasingly attractive investment in light of the novel coronavirus pandemic. With customers […]