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Omni storage & rentals fails, shutters, sells engineers to Coinbase

$35 million-funded Omni is packing up and shutting down after struggling to make the economics of equipment rentals and physical on-demand storage work out. It’s another victim of a venture [...]

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Route’s app auto-tracks all your packages, raises $12M

Between Amazon, FedEx, UPS, and indie merchants, it’s easy to lose track of when your online purchases will be delivered. And if you’re buying something pricey or important, a lack of [...]

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Fabric raises $110 million Series B to expand its network of automated fulfillment centers in the U.S.

Fabric, the startup that wants to make automated logistics available to retailers of all sizes, announced today it has raised $110 million in Series B funding. The round was led by Corner [...]

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Beyond Pricing raises $42M to tell you what to charge on Airbnb

Most people just guess how to price their vacation rental based on minimal research, or take platforms like Airbnb’s suggestions that just want to maximize their own revenue. Beyond Pricing [...]

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Reefknot Investments launches $50 million fund to invest in logistics and supply chain startups

Reefknot Investments, a joint venture between Temasek, Singapore’s sovereign fund, and global logistics company Kuehne + Nagel, announced today the launch of a $50 million fund for [...]

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The savage genius of SoftBank funding competitors

Venture capitalists aren’t supposed to make their portfolio companies battle to the death. There’s a long-standing but unofficial rule that investors shouldn’t fund multiple [...]

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