KINGSTON, N.Y. Gravity-fueled fun and smiles filled the Rondout Area as The Kingston Artists Soapbox Derby rolled down Broadway on Sunday, Aug. 20. The event featured 17 cars and contraptions, the most entrants in recent memory. Nancy Donskoj, one of the event’s co-founders and current organizers, was happy the entries were coming in fast […]
Headed by former PINC CEO Yearling, Texas company announces $17 million in funding from high profile backers including Prologis, Ryder, NGI, and Lineage.
DASH Systems raises $8M seed round for next-day precision airdrop (Photo: DASH Systems)
Precision airdrop changes air cargo network topologies and unit economics
Los Angeles-based freight-tech startup DASH Systems announced Wednesday morning it closed an $8 million seed round led by 8VC. Tusk Venture Partners, Loup Ventures, Trust Ventures, Perot Jain and Make in LA also participated in the raise.
DASH Systems founder and CEO Joel Ifill has a vision of making next-day delivery available anywhere in the world. What makes that possible and economical is a new approach to air cargo previously only seen in military applications: dropping precision-guided pods directly from small aircraft.