Autotech Ventures raises more than $150 million with an eye on ground transportation startups – TechCrunch

[ad_1] Autotech Ventures popped on the scene three years ago with a $120 million debut fund and a plan to invest in early-stage ground transportation startups. Now, with investments in 26 startups and a handful of exits, including Xnor.ai, DeepScale and Frontier Car Group, the venture firm is back with a new, bigger fund and…

Audi punts on Level 3, Lyft layoffs and Nio’s $1 billion deal – TechCrunch

[ad_1] The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi readers. Welcome back to The Station, a weekly newsletter dedicated to the future (and present) of transportation. I’m your host Kirsten Korosec, senior transportation reporter at…

KlearNow raises $16 million to bring customs clearance industry into the digital age – TechCrunch

[ad_1] Customs is the sieve of international supply chains. And yet despite its critical role, clearing customs for freight brokers can be a slow and opaque process reliant on manual data entry and prone to errors. Silicon Valley-based KlearNow has developed a platform that aims to bring customs clearance into the digital age. Now, with…