“It’s a more challenging market now, so we want founders who are going to be able to grind,” says Autotech Ventures’ Todd Fowler.
“What is really attractive is the technology platform that enables the retailer to do a full assortment of products.”
New capital at newtrul will enable expansion of the supplier base to support growing demand, feature enhancements, APIs and TMS integrations.
Work Truck Solutions founder Kathryn Schifferle shared her journey navigating the venture capital world during the FreightTech Venture Summit.
The Swedish truck giant’s venture capital arm has invested an undisclosed sum in Autotech Ventures.
The transport industry is witnessing the rise of numerous technology startups, with investment pouring in from excited investors who envision a smart and connected future for transport.
The funds will be used to accelerate the company’s efforts to improve fuel efficiency in the trucking industry.
Concerns about profitability in the ride-sharing sector are overblown, public-private partnerships are on the rise and transit and commuting platforms are the future.
