Terminal Industries

Assembly Line

Terminal Industries Emerges from Stealth; Announces $17M Seed Round to Bring AI to Yard Operations Globally

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Terminal Industries, 8VC, Prologis


Terminal Industries emerged from stealth and announced $17 Million in seed funding co-led by 8VC, the most active supply chain investor, and Prologis Ventures, the venture arm of the global leader in logistics real estate, to develop novel AI platforms that optimize the yard. The round includes participation from strategic investors including NFI Ventures, RyderVentures, the corporate venture capital arm of Ryder System, Inc., Lineage Logistics, Vehicle Velocity Group, the Friedkin Group International, as well as world-class logistics-focused venture firms 9Yards, Northstar.vc, Amplifier, and MS&AD Ventures.

Read more at Business Wire