Unsexy Flexport scores $65 million as software eats shipping

Freight forwarding is a multi-trillion industry of moving boats, trucks and planes full of stuff across the world. Historically, freight forwarding has been handled by a mess of paper manifests, emails and spreadsheets. Flexport is both a traditional freight forwarding service and a data provider. It has just raised a $65 million Series B at a valuation well over $300 million to make freight forwarding programmable. Read More>>

When every company is a tech company, valuations go insane

For years we measured the success and future promise of a business with time-honoured valuation techniques; amongst other criteria, we looked at income and profit, the value of liabilities and assets, the potential market.

New-world companies don’t fit the bill; the likes of Airbnb, Uber, Alibaba, Facebook, Netflix, Niantic Labs and Snapchat are the fastest-growing companies the world has ever seen. Their growth is exponential, their assets are almost ephemeral, they shun all traditional economic models for valuations. The investments required to scale are almost negligible, their market size often unlimited, their shift from loss-making to profit can be almost immediate. Read More>>

These 5 flying taxis could revolutionize your commute

From “Back to the Future”-esque flying cars you can own to flying taxi systems, these new transport systems are slated to arrive sooner than you think.

One of them is a German company eVolo is working to make its multi-copter the future of urban mobility called the Volocopter. The Volocopter is powered by six batteries that allow for 20 minutes of flight, but eVolo is working to get that up to an hour. Read More>>

How One Startup Developed a Sales Model That Works in Emerging Markets

BioLite designs and manufactures personal-scale energy appliances that enable users to cook, charge, and light their lives off the grid. They serve two markets that are very different but united by the common need for reliable, safe access to energy: outdoor recreationalists and low-income households in emerging markets and their flagship products are wood-burning stoves that generate electricity from fire while reducing toxic smoke emissions by 90%. Read More>>