Your Weekly Supply Chain & Logistics Tech Roundup

Your Weekly Supply Chain & Logistics Tech Roundup

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QUICK HITS & COMPANY NEWS

  • Bayer’s Supply Chain moves from reactive to proactive with smart data center. Bayer revised its supply chain strategy to navigate cross-continental disruptions, enabling it to reduce costs and gain more visibility. (Forbes)
  • The Vitamin Shoppe expands on-demand delivery with Uber Eats partnership. The Vitamin Shoppe is partnering with Uber Eats to expand its same-day and on-demand delivery services, which also include DoorDash and Instacart. (Retail TouchPoints)
  • Volta Trucks bounces back from bankruptcy, resumes ‘sharpened’ commercial EV business plan. Less than six months after a seemingly dooming bankruptcy filing, Volta Trucks has reemerged from the ashes, fresh with redemptive capital and a leaned-down business plan. (Electrek)
  • Agility Robotics and Manhattan Associates partner to bring AI-powered humanoid robots into the warehouse. This industry-first partnership marks a significant step forward for customers across a wide array of industries looking to integrate multi-purpose bipedal robots, like Digit, into their existing warehouse workflows. (Yahoo Finance
  • Fulfillment startup Stord expands with logistics acquisition. The buy comes as slowing e-commerce growth is pressing third-party service providers to find new growth strategies. (WSJ)
  • Ninja Van enters cold chain and B2B logistics. These initiatives are part of an effort to diversify its offerings beyond e-commerce and seek higher-margin businesses in search of profitability. (The Business Times)
  • People First Logistics Company & former NFL linebacker Sidney Tarver launch “last mile delivery” curriculum. The program details how entrepreneurs can start their own careers in the shipping industry. (Business Insider)
  • Shipbob adds first fulfillment center in western Canada to global logistics network. This new location marks the first in ShipBob's network's to be in Western Canada and the fifth for ShipBob in Canada. (PR Newswire)
  • Malaysia's largest port to double capacity to chase Singapore. Supply chain diversification adds to logistics competition in Southeast Asia. (Nikkei Asia)
  • Vitesco Technologies selects DHL Supply Chain to drive sustainability for its logistics needs. The logistics flows of Vitesco Technologies’ 12 European locations will be centrally managed by DHL through the LLP Center of Excellence in Warsaw, Poland. (Financial Express)


FUNDING NEWS

  • SiMa.ai secures $70M funding to introduce a multimodal GenAI chip. The startup producing embedded machine learning (ML) system-on-chip (SoC) platforms, plans to bring its second-generation chipset, specifically built for multimodal generative AI processing, to market. (TechCrunch)
  • Alsym wants to 'light up homes for a billion people' with its new battery. The battery startup has raised $78M to bring its alternative to lithium-ion cells to everything from scooters to steel mills. (TechCrunch)
  • Delivery Collective raises $3.8M for restaurant delivery software platform. The delivery software platform helps restaurants understand the full costs of delivery and save. (Axios)
  • Platform Science, a San Diego, CA-based provider of an edge application platform for transportation, raised $125M in growth funding. The company intends to use the funds to accelerate innovation in the commercial transportation sector. (FinSMEs)


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