UP.Partners' has recently launched a $230 million Venture Capital Fund to invest in start-ups that aid transportation and logistics. In particular, the company invests in enabling technologies that help make transport services safer, more efficient and sustainable, across the globe.
A flurry of prominent investors responded enthusiastically to UP. Partners' recent launch of its venture capital fund. Accordingly, Alaska Air Group Incorporated (NYSE: ALK) was one of the key investors of this round. The Alaska Air Group invested approximately $15 million through its venture capital arm: Alaska Star Ventures. Similarly, Woven Capital L.P., the investment arm of Woven Planet Holdings Incorporated, invested in this funding round. Cathie Wood, the Founder and Chief Executive Officer of Ark In...
