London-based Beacon, the next generation freight forwarding and supply chain finance company, has raised over $15 million in its Series A fundraising round, with investors including Jeff Bezos, the founder and CEO of Amazon, and leading US venture capital firm 8VC. Beacon was founded in 2018 by CEO Fraser Robinson and COO Dmitri Izmailov, both former Uber executives. They were joined by CTO Pierre Martin, previously at Amazon, bringing together a management team with deep expertise in … [Read more...] about UK digital freight forwarder Beacon closes $15 million Series A fundraise, with investment from Jeff Bezos
Jeff Bezos
Amazon hopes to deliver packages using drones
While more commonly associated with covert operations by military types, the drones could be delivering e-commerce packages as soon as 2015. Jeff Bezos, founder and chief executive of Amazon.com, announced recently that his company was working on a system to deliver small packages to customers within 30 minutes or less of ordering them. They will do this using tiny unmanned aircraft that can carry packages weighing around 2kg up to 16km. The only real barrier to the service – … [Read more...] about Amazon hopes to deliver packages using drones