Your Weekly Supply Chain & Logistics Tech Roundup

Your Weekly Supply Chain & Logistics Tech Roundup

Prices Increase Next Friday

Register now to join the best of the best at Manifest Vegas 2024 for less! Manifest is less than 4 weeks away and as a 'Fest subscriber, you can save an additional $200 off the current registration price.

Don't wait! Next week prices increase on January 19th, 2024.

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QUICK HITS & COMPANY NEWS

  • Walmart expands drone delivery in Dallas as it races Amazon. Walmart plans to offer drone delivery to most of the region this year, a major expansion of its effort in recent years to provide the delivery option to some customers in several states. (Wall Street Journal)
  • Kia reveals new commercial EV lineup at CES 2024. Kia wants to start selling purpose-built electric vans to businesses in the coming years, putting it in a market alongside Rivian and Ford. (TechCrunch)
  • Dextrous Robotics shuts down trailer unloading business. Dextrous Robotics, which developed chopstick-like robotic arms for truck unloading, encountered impatient investors and stiff competition. (The Robot Report)
  • Buck Brewer named Senior Vice President of Sales at Enveyo Industry Veteran, Buck Brewer, Joins Enveyo’s Leadership Team During Growth Phase. (Enveyo)  
  • Aurora and Continental pass first major hurdle in commercial self-driving trucks deal. Ahead of CES 2024, autonomous vehicle company Aurora and Continental have completed the final hardware kit design for self-driving trucks. (TechCrunch)
  • Gatik autonomous trucks know the road via Goodyear’s smart tires. Goodyear is bringing tire smarts to Gatik’s autonomous vehicles to enable safer, more predictable, and more robust autonomous vehicle performance. (Forbes)
  • Norfolk Southern aims to slash emissions with greater use of biofuels. Increasing biofuel consumption will be a key way for Norfolk Southern to reduce greenhouse gas emissions, according to its inaugural climate transition plan. (FreightWaves)


MANIFEST INSIGHTS

The Logistics Service Provider Putting Your Mind At Ease

Here is a good question you can bat around the watercooler in any space: Does innovation have to be centered around tech? We get Peter Coratola Jr. 's opinion. As the CEO & President of EASE Logistics - named to Fortune's 2023 list of American's Most Innovative Companies, we were certain he was the right person to answer our innovation question.

Watch the full video here


FUNDING NEWS

  • Impact Analytics raises $40M after stellar year to pave way for global expansion. World’s fastest-growing, AI-powered retail planning and merchandising software platform provider Impact Analytics receives its largest-ever funding. (Business Wire)
  • EV logistics-tech start-up EVIFY raises $1.3M in pre-Series A round. Venture capital firms GVFL and Piper Serica Angel Fund, existing investors like We Founder Circle and IVY Growth, along with a few angel investors participated in the round. (Business Today)
  • Warehouse robotics startup Accio Robotics receives $1.8M in funding led by BIG Capital. Earlier, Accio raised funding from 100X, CIO Angel Network, and a clutch of angel investors led by Ajay Sarupria and Uday Sodhi. (Zee Business)
  • Saudi tech startup Nawel secured $1M in pre-seed funding round led by NOMD Holding. The startup's proprietary technology, coupled with its strategic location-based solutions, addresses the increasing demand for efficient and customer-centric logistics services. (ACE Times)
  • The Perfume Shop unveils £2.5M tech investment. The Perfume Shop announced an investment of £2.5m in "industry-leading warehouse automation technology" as it looks to reduce environmental impact and future-proof its distribution capabilities. (Retail Week)
  • Morgan Stanley expansion capital leads $34M Series C investment in Vortexa . The investment will be used to further accelerate the company’s international expansion, state-of-the-art technology and first-class quality of service to its clients and partners. (Business Wire)
  • Biomaterials firm backed by Kering raises €11M. Mogu Srl has completed Series A funding and plans to launch a demo production plant, expand its team and increase its research and development efforts. (Fashion Dive)


Manifest Vegas 2024 is right around the corner- don't miss out on your chance to save! In less than 4 weeks the largest global gathering of the innovators and leaders in supply chain & logistics tech will be at Manifest in Las Vegas, will you?

Exclusive to subscribers of The 'Fest, save an additional $200 off the current registration price (that's $600 off the on-site price!)

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SPONSOR MANIFEST VEGAS

Gain access to the most senior audience of logistics, transportation & supply chain innovators and leaders as Manifest Vegas Sponsor. Don't wait, limited sponsorships are still available and the deadline is approaching!

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