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The logistics industry is not immune to the search for the next big thing, between the latest technology and the most innovative startups. With all of the innovation happening and venture capital flowing into FreightTech in the U.S., it’s easy to forget to look outside the United States, where there are startups on course for a substantial impact within their countries.
Many American VC firms have been investing outside of our borders for many years; that’s not new news. However, some of the few logistics-focused VCs in the U.S. are starting to build their presences in the global startup market. Santosh Sankar is the managing partner of Dynamo Ventures, a FreightTech-specific venture fund that has backed winners like Plus One Robotics, Steam Logistics, and vector.ai. In an email conversation recently, Sankar said of Dynamo’s foray into international FreightTech investing, “We believed that disruptive forces come from unsuspecting people and places. The supply chain is conducive to this given that it is a global concept, and that requires us to be open-minded to investing overseas. Roughly a third of our investments are outside of North America, and my partner, Jon Bradford, is based in the U.K. to steward this effort that is…
