Investors Pour More Money Into Warehouse Tech Startups
Flowspace, a technology firm that helps businesses manage warehousing and fulfillment services, received $12 million in funding from an investment group led by Canvas Ventures.
Warehouse Tech Startup Stord Receives $12.4 Million Investment
Stord Inc., an Atlanta-based startup that offers a technology platform for warehouse operators to market unused space, has received $12.4 million in funding from a group of investors that includes Tom Noonan and Chris Klaus, Dynamo, Rise of the Rest Fund and Engage Ventures.
April 11, 2019Symbia Logistics Acquires iD Commerce + Logistics
Symbia Logistics, a Colorado-based warehousing and logistics company, has acquired third-party logistics firm iD Commerce + Logistics to expand its e-commerce fulfillment footprint, according to a Symbia statement.
March 25, 2019Kane Is Able Receives Equity Investment From Harkness Capital Partners
Kane Is Able Inc., a warehousing and distribution business in operation since 1930, announced that Harkness Capital Partners agreed to make an unspecified equity investment in the firm as part of a strategy to expand the company’s services and national presence.
Smart Warehousing Expands to North Texas Site
A Kansas City, Mo.-based logistics firm with operations across the United States has leased its first North Texas location.
Newest Startup in On-Demand Warehousing Is a Trucking Company
The newest entrant in the nascent market for on-demand warehousing is the owner of a Chicago-based trucking company who said he wants to use technology to help reduce the time that drivers spend waiting for freight to be loaded and unloaded. Vlad Gasnikov, CEO of Business Lines of America Corp., is currently beta testing an online platform called OLIMP.
Indonesian Logistics Startup Waresix Lands $1.6 Million Funding
Waresix, an Indonesian warehouse startup, is tapping into its country’s fast-growing logistics market. The company announced in October that it had obtained $1.6 million in pre-Series A funding, led by East Ventures and Monk’s Hill Ventures.
October 29, 2018ODW Opens E-Commerce Center in Columbus, Ohio
ODW Logistics is opening a 200,000-square-foot logistics center near Columbus, Ohio, to expand its e-commerce capabilities. The facility on Interstate 71 in Grove City is within a 10-hour drive of about 50% of the U.S. population and one-third of the Canadian population, according to ODW.
July 18, 2018Amazon Rival Draws Battle Lines With Bronx Warehouse
FreshDirect has figured out an important trick: how to make money delivering groceries.
Huge Warehouse Projects Kick Off at AllianceTexas
Dallas-Fort Worth, one of the country’s top industrial building markets with 22 million square feet under construction, is adding more warehouse space.