Jeff Bezos's VC Fund Is Betting Big on This Industry, and You'll Never Guess What It Is

Where venture capitalists (VCs) and billionaires invest their money in the startup world can be a strong indicator of some of the next big sectors. 

It’s often flashy things like artificial intelligence (AI) and robotics, but Amazon.com Inc. founder Jeff Bezos has recently been betting on something entirely different: logistics.

While this is definitely strange compared to traditional VC standards, it almost makes sense. After all, Bezos founded Amazon, one of the largest logistics networks in the world. He pioneered two-day and same-day delivery, drone delivery, and a host of other ideas that set the standard for logistics. So if anyone knows the issues that need to be fixed in the logistics industry, it’s probably Bezos.

Dont Miss: This Unexpected Economic Safe Haven Might Be Your Best Bet To Weather The Current Storm

One of Bezos’s most recent startup investments was in HempNFibers, which is making hemp-based biofuels for the logistics industry. Not much is known about the startup because the investment offering was in the company’s preseed stage, which is typically one of a startup's first investment rounds, so it’s still well into its infancy. However, it’s seemingly a play on the growing trend of alternative biofuels and hemp-based products.

Another Bezos repeat startup investment Beacon, a digital supply chain and freight platform developed to optimize supply chains with insights and visibility. The platform connects data throughout the supply chain and allows you to access this data to streamline the logistics process. This helps companies track their freight in real-time and make decisions based on hiccups that might occur along the way.

While these startups aren’t open for investments, if you want to invest alongside magnates like Bezos in top startups, all hope is not lost. StartEngine is a leading equity crowdfunding site that allows retail investors to invest in top startups, including StartEngine itself. Many of the top startups on the StartEngine platform are solving huge issues in the logistics and transportation industries, as well.

Read Also: Gaming Skins Just Became A $50 Billion Industry

Boxabl is a startup that is not only revolutionizing housing but also changing the way housing is transported. Startups like LIFT Aircraft are manufacturing some of the world's first electric flying cars — electric vertical take-off and landing (eVTOL) aircraft, and several others on the platform are following suit. Dronedek is a startup looking to make drone delivery mainstream, while dexFreight wants to change the existing freight network structure by making it decentralized. 

StartEngine takes a small equity stake in the companies that raise funds on its platform, so if you can’t decide which is best, look into investing in StartEngine itself.

See more on startup investing from Benzinga

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!