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AI logistics startup Augment, from Deliverr’s founder, raises massive $85M Series A

Having built and sold e-commerce shipping startup Deliverr to Shopify for $2.1 billion in 2022, co-founder and CEO Harish Abbott knows the logistics industry well. Abbott felt that many manual tasks in logistics could be automated using AI. That’s why last year he launched Augment which offers an AI assistant called ‘Augie’ that can take over tedious and repetitive work performed by freight shippers, carriers and brokers. On Thursday, Augment announced that it raised an $85 million Series A le

Anduril alums raise $24M Series A to bring military logistics out of the Excel spreadsheet era

Silicon Valley is doubling down on defense as geopolitical tensions rise and appetite for modernizing warfare grows. And while many of the startups garnering large valuations are focused on hardware and weaponry — think Anduril, Shield AI, and Skydio — Rune Technologies wants to tackle AI-enabled software for military logistics. “The U.S. military runs on Excel spreadsheets and white boards and manual processes right now to execute logistics operations,” co-founder David Tuttle told TechCrunch.