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Venus Aerospace’s Hypersonic Global Transport Receives Airbus Ventures Funding

American Entrepreneurship

The convergence of technology, talent and funding now makes the vision of one-hour hypersonic global transport within reach—so say the co-founders of Venus Aerospace and its most recent funder Airbus Ventures. They assembled a team of top industry talent to develop and build cost-effective one-hour global transport.

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Colombian e-commerce enablement startup Melonn raises $20M to help SMBs scale in LatAm

TechCrunch

They were brought back together by the pandemic to start the e-commerce enablement company. Additionally, Melonn works with a range of transportation providers, including incumbents such as FedEx or DHL and last-mile startups, to reduce shipping times and costs. .

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Paccurate Raises $8.1 Million Series A Round

HPA

Paccurate’s platform helps shippers identify their ideal carton suite and enables them to pack orders efficiently. Brands and 3PLs are saving up to 15% on transportation costs and reducing their carbon footprints. Paccurate is a parcel intelligence platform specializing in packing optimization.

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Gojek Partners with Vietnamese Electric Bike Startup Dat Bike

AsiaTechDaily

From May this year, the Dat Bike Weaver++ electric motorbikes will be introduced in Ho Chi Minh City as part of the Gojek platform’s transportation and delivery service. It also aims to accelerate the transition to greener transportation for a better environment.”

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Indonesian Fleet-Tracking Startup TransTRACK Secures US$2.1 M in Funding for Regional Growth

AsiaTechDaily

TransTRACK is a technology enabler startup that focuses on digitizing fleet operations. Their offerings include a fleet management system, transportation management system, and truck appointment system. The transportation and warehousing sector witnessed remarkable production growth in 2022, with a staggering increase of 19.87

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Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots

TechCrunch

The investment will be used to accelerate the development and commercialization of GB’s AI and 3D vision-based “autonomous mobile robots” or “AMRs” These perform simple tasks such as transporting, picking up and dropping off products in order to free up humans to perform more valuable tasks.

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BuuPass raises $1.3M to scale mobility sector digitization in Africa

TechCrunch

The public transport sector in Kenya is largely traditional and a majority of operators, especially those in road travel, still require their clients to physically book tickets at their offices even when making advance travel plans. Others do not have provisions for seat reservation.