Fraser robinson, Michelle Obama's father

Amazon Founder and CEO Jeff Bezos is reportedly investing in a British startup Beacon that aims to become a global logistics chain.According to Sky News, the world's richest man is "taking part in Series A fundraising worth $15 million for the British startup".Beacon is a digital freight-forwarding and supply chain finance firm.Launched in 2018, it uses Artificial Intelligence (AI), Cloud and other technologies to improve operational efficiency for customers organising international trade in their products.Beacon is understood to have seen strong demand during the Covid-19 crisis from companies in the e-commerce and homewares sector, in particular, the report said.The company offers a range of services - including global ocean, air freight and truck - which can be accessed and managed on a single platform.Beacon was founded by two former Uber executives, Fraser Robinson and Dmitri Izmailov.Beacon's investors include executives from Uber, Google and Amazon, according to its site.Pierre Martin, the company's chief technology officer, previously worked at Amazon. ( With inputs from IANS )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Fraser RobinsonFOLLOW

Fraser robinson, Latest News

Technology :Jeff Bezos to invest in UK logistics startup Beacon

Amazon Founder and CEO Jeff Bezos is reportedly investing in a British startup Beacon that aims to become a ... ...