REPOWR: Birmingham startup secures $4.2M in seed funding

Birmingham-based logistics marketplace and digital-leasing platform REPOWR has closed a $4.2 million seed round. The seed round was led by Koch Disruptive Technologies, the growth and venture arm of Koch Industries, along with participation from the Perot Jain Alliance and several strategic angel investors. REPOWR said in a release the transportation equipment market has dissipated in the last two years, and fleets of all sizes need additional equipment, specifically trailers. The company's...