Tagged: supply chain management

Supply Chain Firm Wisor AI Raises $8 Million Seed Round

Supply chain startup Wisor AI has raised an $8 million seed round led by Team8. The funding round also included participation from Ocean Azul and Hico Investment Group, as well as pre-seed investors fresh.fund, Atooro Fund, The Dock, Seed IL Ventures, and Izaki Ventures. Founded… Read More

How OARO is Capitalizing on Blockchain in Financial Services, Supply Chains and Identity Verification

The use of digital services has many applications in the world of finance, especially when you incorporate blockchain technology, and one of the companies using these technologies to benefit business is OARO. Founded in 2017, OARO is a Canadian company with offices in Halifax, N.S.,… Read More

Italian Olive Oil Producers Look to Algorand Blockchain to Improve Supply Chain Transparency

Italia Olivicola, the largest organization of olive and olive oil producers in Italy, is working with Euranet, a technology compliance management services provider, to move its supply chain operations onto the Algorand blockchain.  This model was developed employing Euranet’s ChoralChain platform and can be applied… Read More

B2B Steel Marketplace Felux Raises $5.1M

Felux, a B2B marketplace and supply chain platform for the steel and industrial industry, today announced it has raised $5.1m in seed funding led by Expa, with participation from 8VC and Lightbank. Normally an offline industry, Felux seeks to bring the trillion-dollar steel industry’s commerce and… Read More

Supply Chain Fintech Stemly, Incubated by ING Labs, Now Operating Independently with $2.5M Investment

Stemly, a supply chain inventory management and finance firm that was incubated by ING Labs in Singapore, has decided to now operate as a separate, independent initiative. VC fund Elev8, ING Ventures and EDB New Ventures, the corporate venture building division of EDB, along with… Read More

Singapore’s #dltledgers, a Blockchain or DLT Platform for Cross-Border Trade, Secures $7M via Series A

Singapore-based #dltledgers, a blockchain or distributed ledger technology (DLT) platform for conducting cross-border trade, trade finance, and handling supply chain digitization, has secured $7 million in capital through a Series A round. The firm’s investment round was led by Regis and Savoy Capital, Vittal, Walden… Read More

VeChain Foundation Says their VeChainThor Blockchain Is Ideal for Creating NFTs, a Market Valued at $300 Million+ by End of 2020

The VeChain Foundation, an organization supporting the development of VeChain, a blockchain platform for supporting supply chain management (among other use cases), notes that non-fungible tokens (NFTs) represent unique assets that may be tracked on blockchain-based networks. The VeChain Foundation points out that NFTs have… Read More

VeChain Launches New Blockchain or DLT based Sustainability Solution to Support “Green Business” for Major Enterprises

As consumer behavior begins to shift, for the most part, towards greener and more sustainable products due to increased awareness about the effects of climate change, companies across the globe have been adopting a more sustainable approach to how they conduct business. Global market leaders… Read More

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