Shipday Secures $7 Million Series A Funding From ECP Growth And Ibex Investors

Shipday, a Menlo Park-based delivery and logistics technology platform led by CEO Moin Islam, has raised $7M in Series A funding from ECP Growth and Ibex Investors Mobility VC. The company plans to use the capital to expand platform features, agentic AI automations, and global reach, aiming to provide modern delivery automation solutions for businesses of all sizes. Serving over 5,000 businesses in more than 100 countries, Shipday helps SMBs like restaurants, bakeries, and grocers streamline local delivery while also supporting direct delivery for large franchise brands, with the platform available in 30 languages. FOUNDER: Moin Islam & Adem  Esen INVESTORS: ECP Growth & Ibex Investors Mobility VC ROUND: Series A AMOUNT: $7,000,000 HQ: #MenloPark #California #VentureCapital #Shipday #Moin Islam #Adem Esen #ECPGrowth #IbexInvestorsMobilityVC #TradedVC

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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts. FOUNDERS: Ben Lamm & George Church TARGET VALUATION: $23,000,000,000 HQ: Dallas, Texas #VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC