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San Diego startups end 2020 on a high note, raising a record $6.1B in venture capital - Vimarsana News

San Diego startups end 2020 on a high note, raising a record $6.1B in venture capital

Print Fueled by a barrage of big deals late in the year, San Diego startups raised a record $6.1 billion in venture capital in 2020, despite headwinds from the COVID-19 pandemic. The gains came largely from biotechnology/life science companies, which saw a flood of investments related to the pandemic. But there was also solid fundraising from software, autonomous driving, logistics and other technology firms. “I thought after we hit $3.4 billion (in 2019,) if we could replicate that, great,” said Mike Krenn, head of Connect/San Diego Venture Group. “Then COVID hits, and we still crushe...

Flock Freight pulls in $113 million for software that moves freight better via shared trucks - Vimarsana News

Flock Freight pulls in $113 million for software that moves freight better via shared trucks

Flock Freight pulls in $113 million for software that moves freight better via shared trucks (Courtesy of Flock Freight) Solana Beach firm helps pool multiple shipments together into one full truckload so goods move more efficiently Print Flock Freight, a Solana Beach startup whose software helps truck fleet operators deliver products on time and damage-free, has raised $113.5 million in a new round of financing, led by SoftBank Vision Fund 2. The funding round announced Tuesday, Dec. 1, is the largest so far this year for a San Diego-based technology startup that’s not in the life ...

Trucks in China are watching if drivers doze, speed or slack off - Vimarsana News

Trucks in China are watching if drivers doze, speed or slack off

Trucks in China are watching if drivers doze, speed or slack off Sorry, but your browser needs Javascript to use this site. If you're not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ A unit for monitoring freight truck drivers and trailers at the G7 headquarters in Beijing | BLOOMBERG Bloomberg Dec 15, 2020 Trucks in China connected to G7’s fleet-management network do more than just haul goods across the vast nation. Using Internet of Things technology, they can employ anti-fatigue cameras to call out bad driving, built-in advanced dr...