MAKING MOBILITY MOVES
An update on all things Autotech
Q4, 2020
|
|
|
Accelerating demand for e-commerce fulfillments has everyone talking supply chain logistics...
|
|
If you’re like the rest of the world during a global pandemic, you’ve shopped online this year more than ever before.This shift in consumer behavior is likely here to stay and the unseen result is an enormous strain on logistics and fulfillment infrastructures. Our portfolio company, ShipHawk, has a solution.
ShipHawk allows online retailers, manufacturers and distributors to streamline operations and reduce shipping costs. In fact, founder and CEO Jeremy Bodenhamer has taken things a step further in publishing his new book, Adapt or Die: Your Survival Guide to Modern Warehouse Automation.
|
|
|
In the book, Jeremy details the way warehousing and shipping costs can make or break your business. To learn more about ShipHawk and Adapt or Die, check out our Q&A with Jeremy. If you’d like to learn more about ShipHawk, they’ll be the first guest in our new webinar series starting January 2021. See registration details below.
|
|
|
|
Meanwhile, global supply chain solutions leader and Autotech LP Ryder, launched a $50M corporate venture fund. We’re thrilled that they’re ready to take the next step with their own fund and look forward to continuing our partnership to combine their scale with innovative start-ups to advance the future of mobility.
|
|
|
How to spot the next mobility unicorn in 2021
|
|
|
In their feature on Autotech Managing Director, Quin Garcia, Automotive World writes, “Finding the next great mobility start-up can be a profitable gambit, but it takes an experienced venture capitalist to get an idea off the ground.” Read the article to learn about Quin’s approach to team, market sectors, and ‘high risk’ startups. If you’re stuck outside the paywall, feel free to reach out and we’ll send you a copy of the article.
|
|
|
Hayden AI is an artificial intelligence start-up that delivers smart city solutions designed for modern traffic conditions and increased urbanization. Hayden AI partners with the world’s most innovative cities to improve traffic safety and efficiency by deploying its vision-based mobile solution across consumer mobile devices and municipal vehicle fleets to collect real-time data for traffic safety, enforcement, and other data services.
We recently led their $5M round with an eye toward making cities smarter and safer to navigate for vehicles and pedestrians. Autotech adviser and former U.S. Secretary of Transportation, Anthony Foxx, joined Hayden’s board of directors, bringing with him a wealth of experience managing transportation policy, technology, and private-partnerships.
|
|
EXITS
PORTFOLIO MOVES
- KlearNow, the customs clearance and document management platform bringing importers, brokers, freight forwarders, and carriers into the digital age, received Frost & Sullivan's 2020 New Product Innovation Award.
- Bluedot won QSR Magazine’s 2020 Applied Technology Award for their mobile app-based geofencing and localization technology, which is powering contactless customer experience and reducing drive-thru and curbside wait times for top brands like Dunkin Donuts, KFC and McDonald’s. Bluedot's technology also enables mobile-first toll road payments and contactless payment at gas stations.
- HDVI, the next generation truck insurance company helping small and mid-size fleets improve their safety, compliance and operations, closed a $16M series A.
- Cogniac, a startup offering an enterprise platform that enables easy automation of any visual task for manufacturing, industrial, security, and safety applications, raised a $10M series B.
- Safe AI, the startup that retrofits construction and mining vehicles with autonomous technology, has announced two huge partnerships -- first with Obayashi to advance autonomous technology outside of on-road vehicles, then with Goodyear to retrofit a Caterpillar 725 with autonomous software to capture pressure and temperature data and monitor overall tyre health.
- XStream Trucking, the connected hardware engineering company and maker of TruckWings, a tractor-mounted active aerodynamic device providing up to 6% fuel savings to truck fleets, is now TruckLabs.
- SWVL, the leading bus-sharing company in Egypt, Kenya, and Pakistan, is now enabling long distance travel.
- SpotHero, the digital parking reservation service, is now available in CarPlay, meaning iPhone users can now book and pay for parking without having to access their phone.
|
|
WHERE TO FIND US
Join us online!
[Webinar] January 13, 2021, 9am PST: Operations Hacks for the Age of E-Commerce - To learn more about our investment thesis in this sector and the secrets to scaling your company quickly, join Managing Director Alexei Andreev for a fireside chat with ShipHawk founder and CEO Jeremy Bodenhamer. Click here to register.
[Digital Conference] February 3, 2021, Noon ET: SAE International Government/Industry Digital Summit. This excellent summit is designed to unite government policy and regulatory makers with the automotive industry. Our Managing Director, Alexei Andreev, will participate in this year’s Investing in Mobility panel, moderated by our portfolio company, Safe AI’s Head of Safety, Alliances and Strategic Partnerships, Prachi Vakahria. Click here to register.
|
|
|
|
|
