Reflect Ventures’ Post

💥 Sifted, the leading news site for the European startup community backed by the Financial Times has recognised MyDello as one of the early-stage startups to watch! MyDello was created by logistics professionals frustrated with the lack of digital solutions. We have built a platform to simplify global shipping, offering instant quotes and guaranteed prices. Due to conflicts and war in different regions, global supply chains need to be diversified. Companies need timely insights on disruptions, and this is why we believe global logistics will become fully automated. Read the briefing here👉 https://lnkd.in/dYnZMQtj

🚛 Big News in Freight Tech 🚛 Outgo, a Seattle-based freight payments platform provider, has just raised $15M in funding! 💰 The round was led by Gradient Ventures and Construct Capital, with participation from Neo, PSL Ventures, Bezos Expeditions, and others. Outgo also secured a $50M credit facility from Upper90 for receivables purchasing. 📈 💡 Why it matters: Outgo is transforming the freight payments landscape by eliminating high fees, hidden costs, and long contracts. With automation at its core, they’re rebuilding the entire factoring process to make it faster and more transparent for carriers. 🔄 ⏱ Unmatched Funding Speeds: • 50% of invoices approved within 90 minutes • 25% approved within 15 minutes • Funding available 24/7, even on holidays 🚀 CEO Marcus Womack is leading the charge, expanding Outgo’s operations and reach, and delivering on the promise of faster, more efficient payments for freight carriers. 📦 📢 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 💥 Source: FinSMEs #FreightTech #Fintech #Automation #Logistics #Funding #FreightPayments #FutureTechly

🚛 We’re thrilled to announce our €3.4M seed round! 🚛 Road freight carriers are the backbone of logistics, moving 77% of inland freight in Europe, yet many still rely on outdated, manual workflows. At Meight, we’re building the market’s fastest cloud-based transport system to transform this reality. Our mission? 🚀 To enable hands-off dispatching and streamlined operations monitoring through AI-driven automation and API standards, empowering the 95% of carriers—mostly family-owned businesses—by: • Eliminating paper-based workflows • Optimizing resource utilization • Driving operational efficiency We’re proud to partner with Cusp Capital as lead investor, alongside Faber, Grupo Lusiaves, and EIT Urban Mobility to accelerate our growth across Europe. A huge thank you to our incredible team and partners for believing in our vision to build the future of trucking intelligence. 🌍 Let’s drive forward—together. 💡 #logistics #RoadFreight #Transportation #AI #DigitalTransformation

Last week Gringo, a Brazilian app specializing in vehicle licensing and driver monitoring, was acquired for $168 million by Sem Parar. Additionally, travel and expense management software firm Paytrack raised $40 million in a Series B round led by Riverwood Capital, signaling the growing demand for automation solutions in the country. Global tech players secured major funding rounds. Anthropic, an AI research company focusing on safe AI systems, closed a $1 billion corporate round led by Google. Meanwhile, Highnote, a virtual payment platform handling payment processing business flows, raised $90 million at a $750 million valuation in a Series B round led by Adams Street Partners. Among acquisitions, Wingify, an India-based developer of Visual Website Optimizer (VWO), was acquired by Everstone Capital for $200 million. Other notable deals of the week include: - Render’s $80 million Series C round led by Georgian - ShopMy’s $78 million Series B round at a $410 million valuation, co-led by Bain Capital Ventures and Bessemer Venture Partners - Fundraise Up’s $70 million Series B led by Summit Partners - Clutch’s $65 million Series B round led by Alkeon Capital - Method Financial’s $42 million Series B led by Emergence Capital More detailed information on key transactions is attached. Feel free to reach out if you want to learn more about tech M&A and capital raising in LatAm. #LatAmTech #TechTransactions #Tech #Technology #InvestmentBanking #MergersAndAcquisitions #CapitalRaising #FundingRounds

In their recent article, my colleagues Dr. Ludwig Hausmann, Pete Gornall, Olivia Cardenal, Ann-Kathrin Baum, and Tobias Wolfel found that venture funding for logistics start-ups fell to just $2.9 billion in 2023—a two-year plunge of nearly 90 percent, and the lowest level of funding since 2015. Check out the below summary fromJOC.com ⬇️

In their recent article, my colleagues Dr. Ludwig Hausmann, Pete Gornall, Olivia Cardenal, Ann-Kathrin Baum, and Tobias Wolfel found that venture funding for logistics start-ups fell to just $2.9 billion in 2023—a two-year plunge of nearly 90 percent, and the lowest level of funding since 2015. Check out the below summary fromJOC.com ⬇️

In their recent article, my colleagues Dr. Ludwig Hausmann, Pete Gornall, Olivia Cardenal, Ann-Kathrin Baum, and Tobias Wolfel found that venture funding for logistics start-ups fell to just $2.9 billion in 2023—a two-year plunge of nearly 90 percent, and the lowest level of funding since 2015. Check out the below summary fromJOC.com ⬇️

In their recent article, my colleagues Dr. Ludwig Hausmann, Pete Gornall, Olivia Cardenal, Ann-Kathrin Baum, and Tobias Wolfel found that venture funding for logistics start-ups fell to just $2.9 billion in 2023—a two-year plunge of nearly 90 percent, and the lowest level of funding since 2015. Check out the below summary fromJOC.com ⬇️

📦📊 Transformative freight procurement and management tool Loadar has raised $4 million in seed funding. The round was led by Irish VC Frontline Ventures with follow-on participation from existing investor Techstart Ventures LLP. 📈 The company will use the investment to grow the team headcount and expand to the US, building on the success to date in Europe. It will also grow the team, doubling it in size over the next 12 months. 🤖 Read more here: https://lnkd.in/e3rmnmEa Ciaran Doherty Will Prendergast Jamie Andrews #tech #funding #news #expansion #investment #technology #innovation