C.R. England, Cummins, Daimler Truck, PACCAR, RyderVentures, and Schneider led a $125m funding round in Platform Science.

C.R. England, a transportation and logistics company, Cummins, an engine manufacturer company, Daimler Truck, a heavy duty truck manufacturing company, PACCAR, a truck manufacturing company, RyderVentures, a venture capital company, and Schneider, a logistics company, led a $125m funding round in Platform Science, a provider of application platform for transportation, with participation from Activant Capital, BDT & MSD Partners, Manhattan Venture Partners, 8VC, NewRoad Capital Partners and Prologis Ventures. “Platform Science, together with its partners, is building an industry standard that will transform transportation. We look for opportunities that are driving impact at scale, and Platform Science is doing exactly this. We are strong believers in the team and their vision, and we are excited to partner with a company that is helping to modernize one of the most important components of GDP,” Dan Bitar, BDT & MSD Partners Managing Director and Co-Head.