Bestmile, the Fleet Orchestration Platform used to plan, manage, and optimize autonomous and human-driven vehicle fleets announced it has raised $16.5 M USD in a Series B round and has strengthened its leadership to accelerate its growth. The round is led by two U.S. firms, Blue Lagoon Capital and TransLink Capital, with the participation of Series A investors Road Ventures, Partech, Groupe ADP, Airbus Ventures, Serena and others.
Blue Lagoon Capital, based in Washington DC, is a venture capital firm that invests in a limited number of companies where its principals actively lend their operational expertise. Translink Capital in Palo Alto invests in expansion stage technology startups and helps them develop strategic partnerships in Asia. Translink’s investment is from its strategic funds with both SOMPO, one of the largest Japanese insurance company, and Japan Airlines.