Newtown Partners portfolio company, Clockwork Logistics, today announced raising $5.5m in Seed equity financing. Shutterstock/KAMONRAT Clockwork creates a single source of truth and actionable visibility into the first-mile pickup and final mile delivery, including drayage. Clockwork achieves this single source of truth by combining a simple truck driver application with a software [...]
Newtown Partners portfolio company, Portcast, today announced raising $3.2m in Pre-Series A equity financing. Portcast is a Singapore-based SaaS platform that enables freight forwarders and shippers to improve profitability through real-time vessel and container tracking and dynamic demand forecasting. Portcast learns from public and proprietary datasets and provides accurate, frequent, and granular predictive analytics. [...]
When large organizations set aside a pool of capital to be deployed over many years as equity investments into startups, we call this corporate venture capital or corporate VC. These programs are typically expected to generate attractive financial returns over their lifetime, but the underlying investments are expected to have strategic relevance to the [...]
Newtown Partners portfolio company, Shypple, today announced its acquisition of perishable goods freight forwarder, Milestone. Shypple is a digital freight forwarding service operating since 2016, now connecting more than 3,000 companies. The technology-driven Shypple platform provides organizations with end-to-end transparency and control over their entire supply chain, increasing efficiency, minimizing errors, and optimizing global [...]
