Heavily funded Pandion delivery startup closes abruptly in latest logistics industry fallout

Pandion, a Bellevue-based delivery startup launched by a former Amazon Air leader during the pandemic-fueled e-commerce boom, informed employees Friday that it’s shutting down immediately — the latest venture to fall victim to the VC crunch and a return to normalcy in online retail. The company raised a total of $125 million and employed 63 people.

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