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Flexport, a supply chain logistics startup, has secured a $260 million “uncapped convertible note” from Shopify. The funding deal aims to strengthen Flexport’s business and follows the company’s acquisition of Shopify’s logistics arm in 2023. In other news, former Lordstown Motors founder Steve Burns has launched a new EV startup called LandX Motors, which prominently features the same electric Endurance pickup truck that was previously promised to beat Tesla, Ford, and General Motors. Finally, TechCrunch Mobility provides insights on various other funding deals, including Electra’s $330 million Series B round and Northvolt’s $5 billion debt deal for its gigafactory expansion.

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