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Airspace Appoints Saad Shahzad as New Chief Revenue Officer
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Airspace has launched AirTraceTM, a fully integrated solution to monitor time-sensitive shipments in real time. The track device is roughly the size of a small cellphone and is placed within packages shipped through Airspace to monitor the exact location, temperature, humidity, motion, shock and light exposure within a set time period. The journey is tracked in real time on Airspace’s platform and reports are available on demand for customers.
“We created AirTrace to solve a major pain point for our customers – real-time transparency of their urgent packages,” says Nick Bulcao, Airspace Co-Founder and CEO. “When you are shipping organs for transplant, COVID-19 vaccines, and other delicate life-saving goods, it’s critical to track and monitor those shipments every step of the way in order to trust that your time-critical goods will be delivered securely and on time. In our industry, this can often mean the difference between lif
Startup Airspace is raising $ 38 million for technology that helps deliver critical, time-sensitive cargo
News Highlights: Startup Airspace is raising $ 38 million for technology that helps deliver critical, time-sensitive cargo
Carlsbad startup Airspace, which has developed an artificial intelligence platform to manage the shipment of time-sensitive cargo, including human organs for transplants, said Tuesday it has raised $ 38 million in a third round of venture capital funding.
The company will use the money to finance its growth and expand internationally. It recently opened an office in Amsterdam. In total, Airspace has 166 employees worldwide, 121 of which are in Carlsbad.
The latest funding is led by Telstra Ventures and joined by co-lead HarbourVest Partners. Other participants include existing funders Scale Ventures, Defy Partners, Qualcomm Ventures and Prologis Ventures.
Carlsbad startup Airspace raises $ 38 million for technology that helps deliver critical, time-sensitive cargo
News Highlights: Carlsbad startup Airspace raises $ 38 million for technology that helps deliver critical, time-sensitive cargo
Carlsbad startup Airspace, which has developed an artificial intelligence platform to manage the shipment of time-sensitive cargo, including human organs for transplants, said Tuesday it has raised $ 38 million in a third round of venture capital funding.
The company will use the money to finance its growth and expand internationally. It recently opened an office in Amsterdam. In total, Airspace has 166 employees worldwide, 121 of which are in Carlsbad.
The latest funding is led by Telstra Ventures and joined by co-lead HarbourVest Partners. Other participants include existing funders Scale Ventures, Defy Partners, Qualcomm Ventures and Prologis Ventures.
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