HMI Logistics, Inc. announced it has received $40 million in its series B round of funding led by new investor Headline on December 14, 2021. The transaction consists of $20 million in equity financing with an additional $20 million working capital financing from JPMorgan Chase & Co. The transaction also included participation from Harpoon Ventures Management, LLC, Quiet Capital Management LLC, existing investors Craft Ventures, LLC and Matrix Management Corporation. The company has raised a total of $55 million in venture capital and working capital financing till date.