Venture Deals

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Fortune: April 13, 2017 – Peloton Technology, a vehicle technology focused on freight transportation, raised a $60 million Series B funding round led by Omnitracs, a fleet management company, alongside existing investors Intel Capital, DENSO International America, BP Ventures, Lockheed Martin, Nokia Growth Partners, UPS Strategic Enterprise Fund, Volvo Group, Sand Hill Angels, Band of Angels and Birchmere Ventures along with new investors B37 Ventures, Mitsui USA, Okaya, Schlumberger, US Venture and Breakthrough.