Abtin Hamidi News Today

Torch Raises $3.5M Seed Funding Led by Maersk Growth Torch, the first short-haul freight network, announced the close of a $3.5 million seed round led by Maersk Growth, with participation from Schematic Ventures, Bluestein Ventures, Anorak Ventures, Supply Chain Ventures, and SaaS Ventures. Additionally, Torch announced Mike Bosch and Robert Baggio have joined its executive team. “The pandemic has accelerated the already growing demand for reliable short-haul capacity, and stretched the bound...

Torch, a Chicago, IL-based short-haul freight network company, closed a a $3.5m seed funding round. The round was led by Maersk Growth, with participation from Schematic Ventures, Bluestein Ventures, Anorak Ventures, Supply Chain Ventures, and SaaS Ventures. The company intends to use the funds to expand its network and analytics capabilities, as well as customer service efforts. Led by CEO and Founder Abtin Hamidi, Torch provides blue-chip clients across the country with a technology plat...