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Early Tesla investor DBL Partners leads $70 million investment in logistics firm Airspace

Eric Rosenbaum of CNBC reports that Airspace has raised $70 million.

The C3 Take
  • Airspace is a logistics startup that is putting sustainability at the forefront of its operations.
  • The company uses AI and machine learning to efficiently ship goods across the world, tracking emissions in real-time.
  • Increasing logistical operation efficiency could offset 15-40% of carbon emissions from trucking, according to some estimates.
  • Airspace is creating a cleaner planet through innovation and private sector leadership.

“‘Airspace is unique in its ability to provide complete transparency into the carbon footprint of time-critical deliveries, enabling customers to optimize routes with the least possible environmental impact,’ Ira Ehrenpreis, founder and managing partner at DBL Partners, said in a press release.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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