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The inside story of how one of the biggest A I deals of the year came together, told by the CEOs

Databricks was interested in an acquisition but first MosaicML’s CEO had to be convinced that he wouldn’t be buried in bureaucracy.

United statesCity ofUnited kingdomMenlo parkSan franciscoLuisa beltranWhite starcapitalAnne sradersJackson fordyceNaveen raoPeter thielAli ghodsiTerminal industriesBrown universityBreakthrough energy venturesUniversity of california

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

Terminal Industries Emerges from Stealth; Announces $17M Seed Round to Bring AI to Yard Operations Globally
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San franciscoUnited statesCity ofUnited kingdomAlan gershenhornCraig fullerShaleen devgunJake medwellChris sultemeierNeil robertsonRyder system incFriedkin group internationalVehicle velocity groupTerminal industriesWalmart stores incPrologis ventures

Terminal Industries Raises $17M in Seed Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

City ofUnited kingdomSan franciscoUnited statesAlan gershenhornChris sultemeierShaleen devgunCraig fullerNeil robertsonTerminal industriesFriedkin group internationalWalmart stores incVehicle velocity groupRyder system incPrologis venturesRyder system

Startup firm Terminal Industries pledges to bring AI to logistics yards

Headed by former PINC CEO Yearling, Texas company announces $17 million in funding from high profile backers including Prologis, Ryder, NGI, and Lineage.

Wesley friedmanJake medwellNeil robertsonFriedkin group internationalRyder system incVehicle velocity groupTerminal industriesPrologis venturesLineage logisticsMatt yearling