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- Dockworkers strike at ports, Crisp closes $72M Series B, Logistics workers speed aid to N.C. after hurricane
Dockworkers strike at ports, Crisp closes $72M Series B, Logistics workers speed aid to N.C. after hurricane
Supply Chain Tech Trends
Welcome back to Supply Chain Tech Trends, your twice monthly deep dive on supply chain tech news, events and analysis, written by Operator Stack.
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Top News
1) Dockworkers launch strike at ports from Maine to Texas.
2) Crisp closes $72M Series B with top-tier strategic partners.
3) Crumbling roads, trapped residents: logistics workers speed aid to North Carolina.
āThis particular disaster is very much like Hurricane Maria, in that we have immense loss of power.ā
Notable Fundings
Distribusion, a Berlin-based ground transportation marketplace and technology provider, raised $80M in funding led by TQ Ventures.
Crisp, a NYC-based provider of a retail data platform for granular sales and supply chain intelligence, raised $72M in funding from Wellington Management, Toshiba Corporation, DNX, Cox and Prologis.
Two Boxes, a company building a way for brands and 3PLs to streamline returns and capture critical data from the process, raised $5M in funding led by Peterson Ventures.
Senvo, a Berlin, Germany-based provider of a spend visibility and reconciliation tool that enables large shippers to reduce their shipping cost, raised $3M in funding led by defy.vc and Two Ravens.
Cavela, a platform that uses AI to automate manufacturing and e-commerce, raised $2M in funding led by XYZ Venture Capital.
Finverity, the mid-market supply chain finance platform focused on emerging market, raised $2M in funding led by B&Y Venture Partners and Loyal VC.
ShipTop, a leading platform revolutionizing advanced eCommerce logistics, raised $500k in funding led by Dino Verbrugge and Jared Vegosen.
Links to Ponder
Universal Logistics acquires rail terminal operator for $194M
Self-flying drones, self-driving robots combine to deliver in Dallas
Alaska Airlines completed its acquisition of Hawaiian Airlines
I give it an 80% chance the port strike gets resolved this week. And 15% chance it goes more than a month.
ā Ryan Petersen (@typesfast)
6:09 PM ā¢ Oct 1, 2024
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