supply chain

British startup Isembard lands $9M to reshore manufacturing for critical industries

Fundraising /

Geopolitical pressures are accelerating a demand in many countries and regions to reshore — that is, to redevelop critical industry infrastructure, and to bring back businesses, which had moved or outsourced some or all of their industrial operations to cheaper countries further away. But that is easier said than done. In the key area of […]

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Parallel Systems is building autonomous electric rail for short-distance freight

Transportation /

The business of moving goods in the United States is dominated by trucks, which handles about two-thirds of the 20.2 billion tons of freight that’s transported annually. Parallel Systems founder and CEO Matt Soule wants to change that by putting a modern autonomous and electric twist on the centuries-old railroad system.  The Los Angeles-based company

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Scimplify raises $40M to help manufacturers access specialty chemicals

Startups /

Scimplify, an Indian startup that helps pharmaceutical and agriculture companies access a range of specialty chemicals, has raised $40 million in a new funding round co-led by Accel and Bertelsmann Investments to widen its footprint in the U.S. and reach new markets. The Series B round pegs Scimplify’s valuation at about $150 million post-money, the

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Pendulum’s AI-driven platform helps enterprises better predict supply and demand

Fundraising /

Supply chains have had a tumultuous few years, beginning in 2020, when COVID-19 upended legacy global supply chains. More recently, the “TikTok-ification” of retail has companies like Shein and Temu creating new products constantly as consumer demands change at the same rapid pace. Pendulum aims to help companies better plan for supply and demand in

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Tive’s tools help companies track the status of their shipments in real time

Enterprise /

The global supply chain is under strain, and one of the reasons is a lack of visibility into how shipments are being transported around the world. According to one recent survey, nearly half of the organizations polled reported having little-to-no visibility into their upstream supply chains. In search of a remedy, Krenar Komoni, who’d for

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Overhaul raises another $55M to help companies like Dyson and Microsoft fight supply chain theft

Fundraising /

Businesses dependent on the physical supply chain — the network of facilities and transportation systems used to move materials from one location to another — chain face a number of challenges, from staff shortages to increasing customer expectations. The pressures aren’t easing up. According to a survey from Prologis, a real estate investment trust, two-thirds

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Apple to shell out $1 billion on a manufacturing plant in Indonesia

Hardware /

Negotiating with one of the largest companies in the world doesn’t sound easy, but that’s precisely what Indonesia has been doing for the past few weeks with iPhone maker Apple. The backstory here is that after the country required smartphones which are sold domestically to be made of at least 40% locally manufactured parts, Indonesia

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Supply chain startup Interos lands new customers, cash

Startups /

Each year, supply chain disruptions cost the global economy trillions of dollars. In a recent McKinsey poll, nine in ten businesses said they had encountered logistics challenges over the past 12 months. Headwinds have only grown stronger as chaos reigns in key shipping corridors. Attacks on freighters continue in the Red Sea. Flooding is disrupting

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Researchers link Polyfill supply chain attack to huge network of copycat gambling sites

Security /

One of the biggest digital supply chain attacks of the year was launched by a little-known company that redirected large numbers of internet users to a network of copycat gambling sites, according to security researchers.  Earlier this year, a company called FUNNULL purchased Polyfill.io, a domain hosting an open source JavaScript library that — if

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