/PRNewswire/ Airspace, the technology company revolutionizing time-critical logistics, today announced it has closed on additional funding totaling $70.
Airspace, a time-critical shipping start-up focused on AI for logistics, has doubled its venture funding in a round led by early Tesla investor DBL Partners.
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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