Business, Technology

Chinese Trucking Startup Files Confidentially for US IPO

China’s Uber-like startup Full Truck Alliance confidentially has filed for an initial public offering that could raise at least $1 billion as soon as this year, according to people familiar with the matter.

February 26, 2021
Business, Technology, Autonomous

With New Funding, Startup PlusAI Set to Unveil Level 2 Driverless Vehicles

Autonomous truck VCG/Bloomberg News

Sequoia Capital-backed PlusAI Inc. is close to raising about $200 million in new funds at a valuation of more than $1 billion to bankroll its development in autonomous trucks, according to people familiar with the matter.

August 21, 2019
Business, Technology, Logistics

Logistics Solutions Provider Pickup Closes $5 Million Funding Round

Pickup, an on-demand last-mile logistics solutions provider, has closed a $5 million funding round, according to a Nov. 13 press release. Funds from the round, led by TDF Ventures and Noro-Moseley Partners, will be used for market expansion, growing the product platform and adding staff in key areas.

November 27, 2018
Business, Technology, Logistics, TCA

Fleet, 22-Year-Old’s Logistics Startup, Raises Another $10 Million

Fleet Logistics

At 14, an age when other kids want video games and gadgets, Max Lock wanted a job.

Mike Rogoway | The Oregonian (Portland, Ore.)
January 25, 2018
Business, Technology, Equipment, Safety, Autonomous

Chinese Autonomous Truck Startup Opens Research Facility in Arizona

Autonomous Truck TuSimple

A Chinese startup company developing self-driving technology for commercial trucking has opened a facility in Tucson for research and testing — including a planned Tucson-Phoenix run with an autonomous truck.

David Wichner | The Arizona Daily Star
August 22, 2017
Business, Technology, Logistics, Autonomous

Bill Gates Backs Uber Freight Rival Convoy

Bill Gates Jean-Philippe Riant/Visual/Zuma Press/TNS

As Bill Gates and Jeff Bezos jockey for the designation of world’s wealthiest man, the Seattle billionaires are united behind at least one local venture. They’re both investors in Convoy Inc., a trucking logistics startup that competes with Uber Technologies Inc.

Dina Bass | Bloomberg News
July 25, 2017

Trucking Startup Convoy Inks Its Biggest Deal With Unilever

Munshi Ahmed/Bloomberg News

Convoy Inc., a Seattle-based startup with designs on becoming an Uber for trucking, has struck its biggest deal yet — with consumer goods giant Unilever NV.

Dina Bass | Bloomberg News
November 1, 2016