supply chain

How Warp is introducing robots to automate its network of warehouses

Robotics /

Warp was founded in 2021 to help companies streamline their shipping supply chains and reduce costs through its tech-enabled network of shippers, carriers and warehouses. Now, it wants to make supply chains further efficient by using robots to automate its web of warehouses. Daniel Sokolovsky, the co-founder and CEO of Warp, told TechCrunch that Warp […]

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Ongoing cyberattack at US grocery distributor giant UNFI affecting customer orders

Security /

U.S. grocery distribution giant United Natural Foods (UNFI) said on Tuesday it is working to restore its capabilities following a cyberattack last week that continues to disrupt the grocery supply chain.  UNFI said as part of its third quarter earnings report that it was “diligently managing through the cyber incident” it confirmed on Monday. The

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US government sanctions tech company involved in cyber scams

Security /

The U.S. government imposed sanctions on FUNNULL, a company accused of providing infrastructure for cybercriminals running so-called “pig butchering” crypto scams that have led to $200 million in losses for Americans victims.  On Thursday, the Treasury’s Office of Foreign Assets Control announced the sanctions, saying FUNNULL is “linked to the majority of virtual currency investment

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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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