Tiger Global Management

Supply chain tech is increasingly driven by late-stage venture capital activity.

According to Gartner, multi-robot orchestration has only penetrated 1%-5% of its total target audience and will become necessary as companies begin deploying more than one robotics technology within their operations.

“The most effective way to address supply chain congestion is to move inventory closer to the end customer,” said Deliverr co-founder and CEO Harish Abbott.

President Biden intends to replace Postal Service governors in a move aimed at ousting Postmaster General Louis DeJoy, according to reports.

The California-based robo-delivery company has reportedly reached a valuation of more than $8.5 billion.

By 2030, truck manufacturing executives expect $465 billion of annual revenue will likely switch from sales to aftermarket services for fleet management, automation tools, data security, privacy and enhanced driver features.

Transportation procurement system will handle $4B worth of bids this year.

Melio’s monthly processing volumes increased 5,000% over the past 18 months as its customers turned toward its digital suite to maintain positive cash flow.

Locus Robotics announced an additional $50 million investment in the company from Tiger Global Management just eight months after a $150 million Series E round.

“Logistics decisions are actually not designed for humans because it involves a lot of confusion. For example, dispatching takes into account a lot of fast-moving variables that take place within a small amount of time, and there is no way a human can do it efficiently.”

JD Logistics’ network has the ability to deliver 90% of orders within the same or next day to 99% of mainland China.

‘Data gives companies power. But, you need to extract it first.’

AfterShip, an e-commerce tracking and post-purchase solutions company, has secured a $66 million Series B investment round, bringing its total funding to $69 million.

“Ethnic communities have been overlooked in the online and retail space. We believe the opportunity to provide these fast-growing communities access to exciting and affordable groceries is tremendous,” said founder and CEO of Weee!

In the funding announcement, Dutchie reported it acquired two cannabis retail technologies — software provider LeafLogix and retail platform Greenbits — for an undisclosed amount.

Radio frequency identification has matured in terms of its cost effectiveness and efficiency over the past decade, the company says.