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DBL Partners led a $70m round in Airspace.

Synopsis

DBL Partners, an investment venture, led a $70m round in Airspace, a technology company revolutionizing time-critical logistics, with participation from Telstra Ventures and HarbourVest Partners. "We're thrilled to announce this new round of funding, which will help us capitalize on the immense opportunity in the time-critical logistics industry. As we grow, our AI and machine learning platform only gets better, allowing us to better predict and dynamically respond to the challenges of critical logistics. With supply chain disruptions continuing to impact countries worldwide, no time in history has time-critical shipping & logistics been so essential to ensuring these complex and sensitive shipments reach their destinations on time. With these additional funds, we'll be able to expand into new geographies and industries, reliably delivering critical packages when time is of the essence, in the most environmentally conscious way possible," Nick Bulcao, Airspace Co-Founder and CEO.

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