Dray Technologies Inc. announced that it has received $17 million in a round of funding led by new investor I Squared Capital Advisors, LLC on September 14, 2023. The transaction included participation from other new investors, Ubiquoss Inc., MCVESTCO Holdings Ltd, 9Yards Capital, Earthshot Ventures, LLC, Lineage Logistics, LLC, RedBird Capital Partners LLC, Rising Tide Fund, L.P, a fund managed by Newbury Ventures, returning investors, GreenHawk Corporation, Inc., Jones Capital, LLC, Menlo Ventures Management, L.P., The House Fund, LLC, Operator Stack, LL, angel investors including Malte Janzarik and others. The company has raised a total of $36 million funding till date.