FretLink raises $6.4 million to make trucks run like clockwork

 Don’t you love it when there’s a fragmented market with many different actors and outdated tech products? French startup FretLink is using all the tips in the startup handbook and applying them to a neglected industry: trucking. FretLink is a software-as-a-service marketplace connecting companies that need to send big piles of stuff with thousands of transportation companies. Read More

Bext360 is using robots and the blockchain to pay coffee farmers fairly

 Coffee is the world’s second-most-traded commodity, after petroleum. Some 125 million people make a living growing coffee. Most are smallholders, or small-scale farmers whose families live on less than $2 a day. Now, a Denver-based startup called Bext Holdings Inc. wants to make it easier for these farmers to get a fair price, and get paid instantly, for their beans. Read More

Lyft raises $600M at $7.5B valuation

 Lyft has raised a total of $600 million in new funding, with a post-money valuation of $7.5 billion, the company announced via its blog on Tuesday. Reports had indicated the raise was in process, though the most recent figure pinned the total at $500 million, though that was prior to its closing. Lyft’s investment included new funding partners including Canada’s Public Sector… Read More