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Funding and Acquisitions

2016 Q1

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Tech City News , Tech.eu , Geektime.com

Weengs closes £2.2m Seed round with support from Saul and Robin Klein

Retail Funding

Weengs, a shipping service for online sellers, picks up backing from LocalGlobe, Cherry, and Seedcamp

Business Insider

This staffing company CEO's comment shows Amazon could soon ditch UPS and FedEx too

Business Insider

FedEx Express won't carry your recalled Samsung Galaxy Note 7


Airposted is testing a peer-to-peer model for international shipping DC


Shyp opens carrier rate comparison tool nationwide and launches desktop support

$3,000,000 Venture capital (Series Undisclosed)
zawya , Wamda ME , ArabNet عرب نت

Startup MoveSouq.com closes $3 million funding round

Apps & Services

Amazon Looking To Abandon UPS, FedEx In Favor of Its Own Delivery Service

Ars Technica

Amazon looking to abandon UPS, FedEx in favor of its own delivery service

@cdixon via WSJD , Business Insider

Amazon’s Newest Ambition: Competing Directly With UPS and FedEx

$65,000,000 Venture capital (Series B)
@paulg @alexisohanian via TechCrunch , WSJD

Unsexy Flexport scores $65 million as software eats shipping

$65,000,000 Venture capital (Series B)

Flexport Raises $65M in Funding


Here’s how Dustin Johnson used data and analytics to become one of the best golfers in the world


UPS, FedEx and Amazon gather flight data to prove drone safety

€450,000 Seed fund
StartupJuncture , Twitter

Transport startup Quicargo gets 450.000 euro seed investment

Funding Apps & Services
$44,600,000 Venture capital (Series Undisclosed)
presstelegram , Reuters

Hanjin secures $44.6 million to ensure ships can be unloaded

Strategy Manufacturing
PhoneArena , GSMArena.com

No US exchange program for Galaxy Note 7 units bought via Samsung.com

Mobile devices
$7,000,000 Venture capital (Series A)
VentureBeat , FinSMEs

Shippo raises $7 million to further its goal of being Twilio for shipping

$100,000,000 Round

Postmates is raising at least $100 million to fuel its on-demand ambitions

Taxis Apps & Services
Business Insider

How 'Uber for truckers' Cargomatic burned through $15 million as it quietly pivoted away from being a tech company and ran at a loss

Manufacturing Funding