Supply Chain Technology

TechNews

Featuring news on business transactions, innovation, strategic relationships, launches of technology and investment

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3 min

Arkestro raises $26 million to help customers amplify the impact of procurement

Arkestro’s embedded platform unlocks clear business value by empowering enterprises to scale their most efficient purchasing decisions.

3 min

Attabotics and SYNUS Tech partner to advance smart factory robotic solutions

SYNUS Tech and Attabotics will deploy comprehensive micro-fulfillment solutions in South Korea based on the latest logistics automation...

2 min

Dronedek partners with Hush Aerospace for drone package delivery

We really see the DRONEDEK as a new kind of specialty category: mailbox as a service, or MaaS

3 min

Driverless industrial vehicle manufacturer VisionNav Robotics closes on an additional $80 million

VisionNav is applying AI) environmental perception, deep learning, servo control, and other core technologies to industrial vehicles.

3 min

ROHM Semiconductor and Delta Electronics partner to develop and mass-produce GaN power devices

The development of GaN power devices is of significant interest to the global electronics industry.

4 min

Celestial AI closes on $56 million to disrupt the artificial intelligence chipset industry

Celestial AI’s mission is to transform the way computing is done with its proprietary Photonic Fabric technology that uses light.

3 min

FInTech BasicBlock closes on $78 million to reshape trucking finance and expand its payment platform

The company's mission is to help fleets get paid more quickly and increase access to affordable working capital.

5 min

Marco partners with DP World to finance global trade with a tech-enabled trade finance platform

Marco is the first tech-enabled trade financing platform for small and medium-sized businesses in the United States and Latin America.

3 min

The warehouse robotics leader Exotec closes on $335 million to advance warehouse automation

Exotec's signature solution, The Skypod system, utilizes robots that can reach a height of 36 feet to enable high-density inventory storage.

4 min

Machina Labs, stealth pioneer in manufacturing through robotics and AI raises $16.3 million

Machina Labs' manufacturing platform, which combines the latest advances in robotics and AI to democratize a access to rapid manufacturing.

2 min

Fullcast closes on $4 million to move forward its go-to-market software integration platform

"The boost in sales productivity that Fullcast provides their customers is unlike anything we've seen in the market."

3 min

ServiceNow (NYSE: NOW) and Celonis partner to help companies implement processes for automation

ServiceNow and Celonis join forces to help companies liberate business from decades-long processbottlenecks and integration challenges

3 min

The Chinese warehouse robotics startup Hai Robotics raises $200 million

Hai's HAIPICK robots can pick and place totes or cartons on storage shelves up to 5 to 7 meters high and are able to carry up to 8 loads.

2 min

Altana AI closes $15 million, led by GV, formerly Google Ventures, for its global commerce platform

Altanta AI's platform connects and learns from billions of data points to create a living, intelligent map of global commerce.

4 min

OneRail raises $9 million to expand its final mile delivery fulfillment SaaS platform

OneRail solves final mile delivery logistics more comprehensively than any other offering in the space.

2 min

Motion2AI closes on $12.6 million to develop AI services for warehouse mobility

Advanced warehouse mobility technology is rapidly expanding to customers large and small in the logistics market.

4 min

Venti Technologies receives $8 million to scale its autonomous mobility for supply chain markets

Venti is a safe-speed autonomous mobility company leading the future of transportation for moving goods and people.

3 min

Cut+Dry launches technology to restaurants to help with labor shortage by reducing supplier ordering

Cut+Dry’s Order feature brings greater transparency and efficiency to the cumbersome, time-consuming ordering processing.

2 min

Index Biosystems raises $1.5 million to advance its BioTags for product traceability

"...providing scalable product traceability, independent of packaging, that addresses anti-counterfeiting, food safety and certification."

2 min

The Advanced Regenerative Manufacturing Institute outlines plan for accelerating pandemic response

The roadmap recommends specific technology development and commercialization efforts that can be implemented immediately to respond to Covid