When should a startup decide to cease its efforts to challenge leading players in a specific market?
Nigerian digital freight provider MVX lands $1.3M to help shippers move cargoes faster
In Africa, chartering vessels and processing ocean freight can be challenging. The sector is largely inefficient and fragmented. Merchants also struggle to access finance to perform cross-border trade in the continent. A couple of digital freight companies are tackling this problem, like Nigerian-based MVX. The company today is announcing its $1.3 million seed round to […]
Kodiak Robotics’ founder says tight focus on autonomous trucks is working
“We will need to raise more money, as you pointed out, that’s certainly no secret, but I think that we have multiple options to do that.”
Freightify lands $2.5M to make rate management easier for freight forwarders
Freight forwarders often keep track of rates on spreadsheets they email to customers, but the pandemic has made that difficult because prices are constantly fluctuating. Freightify, a startup that refers to itself as the “Shopify for maritime freight,” provides white-label rate management and e-booking tools that freight forwarders can use to set up online stores, […]
Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years
The bottled beverage industry wasn’t what Genki Forest’s founder, Binsen Tang, initially set out to tackle. The company aims to reach $1.2 billion this year.