Join your peers next month at Manifest Vegas, February 5th - 7th, 2024 - the largest supply chain & logistics tech event in the world, bringing together Fortune 500 global supply chain executives, logistics service providers, cutting edge startups, venture investors & technology leaders.
As a 'Fest subscriber, you can save an additional $200 off the current registration price. Don't wait, prices increase January 19th, 2024.
QUICK HITS & COMPANY NEWS
-
Xero EV
and
VoltUp
partner to transform last-mile delivery solutions. Electric two-wheeler manufacturer Xero EV has formed a partnership with VoltUp, a leading battery swapping technology provider, to revolutionize last-mile delivery solutions. (Motorblog Uruguay)
- Cybersecurity firm
WISeKey SA
launches logistics program in Spain. Cybersecurity firm WISeKey has integrated Spain’s Port of Algeciras into its WISeSmartContainers Consortium. (PYMNTS)
-
Shipsy
elevates role in Dubai’s logistics market with strategic innovation focus. Shipsy, a 3PL management firm from India, strengthens its role in Dubai to develop SaaS-based logistics solutions with AI & automation. (BusinessLine)
- Italian container line Kalypso files for bankruptcy. Italian startup container line Kalypso has filed for bankruptcy following a collapse in freight rates and the disruption of its services to Israel, reported Italian media. (Seatrade Maritime)
-
CVC Executive Fund LLC
and
Emma Capital Investments
acquire
Packeta Group
, a leading e-commerce logistics and delivery player in Czechia and Slovakia. CVC has agreed to acquire Packeta Group (“Packeta”), a leading e-commerce logistics and out-of-home delivery player in the Czech Republic and Slovakia through its CVC Capital Partners VIII. (CVC)
- St. Louis emerges as a global freight powerhouse with key infrastructure boosts and collaborative triumphs.The St. Louis region showcased unparalleled collaboration and infrastructure strides in 2023, solidifying its position as a pivotal player in the national and global freight network. (Global Trade Magazine)
- Shipping-tech player
OVRSEA
bets on Miami to lead its US expansion. Amid a wave of European companies choosing to locate their US or North American headquarters in Miami, Ovrsea, a French freight-forwarding software company, is one of the latest to drop anchor and build a base in the Magic City. (Refresh Miami)
- Hyperloop One to shut down after failing to reinvent transit. The company is selling assets, laying off remaining employees. (Bloomberg)
- India's
Flipkart
to get $600M from Walmart under new fundraise. Indian e-commerce firm Flipkart's biggest shareholder Walmart is set to infuse about $600M in a new fundraise for the startup, a Flipkart spokesperson said on Thursday. (Reuters)
- MAWANI, MEDLOG invest $40M logistics park at King Abdulaziz Port. Mawani and MELDOG have invested a value exceeding $40M to the integrated Logistics Park at Dammam’s King Abdulaziz Port. (Port Technology International)
-
Velo3D
raises $18M via registered direct offering. Velo3D raises $18M via registered direct offering as existing lender and new institutional investor purchase 36 million shares. (VoxelMatters)
- Forward air divests last-mile business to hub group for $262M. Already looking to get out of its $3.2M merger with Omni Logistics, Forward hopes the sale can help it shift more focus to its LTL business. (Yahoo Life)
- Cart.com secures $30M from
Trinity Capital
to increase profitability. recently secured $30 million in venture capital aimed at boosting the e-commerce startup’s balance sheet. (FreightWaves)
-
Sequoia Capital
and
Index Ventures
back German supply chain AI startup Tacto. Sequoia Capital and Index Ventures led a €50M funding round for German startup Tacto Technology GmbH, whose software helps businesses optimize their supply chains. (Bloomberg)
- United, JetBlue, Microsoft among backers of 3 jet fuel startups for $36M. Three of the startups that raised money this week are involved in renewable jet fuel, with investments from United, JetBlue, and Microsoft. (Skift)
Experience Industry insights from 250+ speakers across 120 sessions, 500+ cutting-edge start-ups offering groundbreaking solutions, an Expo Hall unlike any other and unparalleled networking opportunities.
Companies Confirmed to Attend Include:
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