Telstra Ventures co-led a round also backed by Qualcomm Ventures and Prologis Ventures, helping the logistics tracking technology provider reach $70m in total funding.
US-based logistics technology provider Airspace Technologies closed a $38m series C round on Tuesday co-led by Telstra Ventures, the corporate venturing arm of telecommunications firm Telstra.
The round was co-led with HarbourVest Partners and included Prologis Ventures and Qualcomm Ventures – subsidiaries of logistics property developer Prologis and semiconductor technology producer Qualcomm – as well as Scale Venture Partners and Defy.vc.
Founded in 2015, Airspace has developed a logistics software platform that can provide customers with automatic tracking of shipments…
