MoLo’s New Office, Fyllo Raised $40M, and More Chicago Tech News
Several Chicago tech companies made gains this past week with funding rounds and job opportunities popping up across the city. Catch up on the latest tech news. This is the Built In Chicago weekly refresh.
MoLo Solutions announced a new office. MoLo is a tech platform that connects shippers to carriers — acting as a freight broker. The company has been growing rapidly and signed a new lease for a luxe office building in Fulton Market that will be filled next summer. The company also announced plans to hire 300 people over the next year. [Built In Chicago]
Fyllo gained $40M. The cannabis startup raised $40 million in a funding round led by Eminence Capital. Fyllo provides a suite of products to help cannabis companies handle compliance, data and marketing. Fyllo is currently hiring for 20 roles. The fresh funding will be used to hire additional staff and for future acquisitions. [Built In Chicago]
CHICAGO TECH QUOTE OF THE WEEK
“There’s a lot to look forward to — in the near term we’re focused on making it easier for our customers to create incredible visual shopping experiences and to also give these same customers 3D superpowers to make business functions like marketing, prototyping and manufacturing more efficient.” — Threekit CEO Matt Gorniak
Threekit raised $35M. Threekit works to bring online shoppers closer to a real life shopping experience. Threekit developed a 3D visual commerce platform for retailers, allowing customers to better view an object and its textures and how it will look in their house. The funding will be used to add more features to the platform and allow the company to expand its network. [Built In Chicago]
TackleAI gained $3M. The artificial intelligence startup gained $3 million from McDonald’s founder Don Thompson. TackleAI is a software that reads and intakes data and puts it into other commercial data software. One of TackleAI’s clients includes the Department of Defense. The funding will be used to further expand the startup’s software. [Crain’s Chicago Business]