Shutl, a UK-based on-line postal company, has secured a $2m round led by US-based postal service UPS’s Strategic Enterprise Fund and with the backing of France-based postal group Geopost. The corporate venturing unit of UPS, which took a 6 per cent stake in the company, will provide a launch pad for Shutl’s US expansion. Shutl’s… Continue reading UPS, Geopost send $2m to Shutl
Author: Joanne Faulkner
Statoil, Chevron boost Silixa
Statoil Technology Invest and Chevron Technology Ventures invested in the UK-based fibre optic company after it had received previous investments from the Chevron corporate venturing unit, and venture firm Lime Rock Partners.