Google’s Gradient Ventures backs autonomous logistics company Wise Systems


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Founder of Wise Systems, left to right, Ali Kamil, Layla Shaikley, Chazz Sims and Jemel Derbali. Photo courtesy of the company.

Cambridge, Massachusetts-based Wise Systems, which develops autonomous dispatch and routing software for delivery fleets, announced it has raised $7 million in Series A funding. Gradient Ventures, Google’s AI-focused venture fund, led the round. Existing investors E14 Fund, Neoteny, Trucks Venture Capital and Fontinalis Partners also participated. The company, founded in 2014 by MIT and Harvard University graduates, has now raised $8.5 million in total funding.

Source: Press release

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