Global plastic waste has more than doubled, and 40 percent of that waste comes from packaging. Luckily there are no shortage of sustainable packaging startups in Europe. Just take a look: Circleback (Germany), Recup (Germany), Sourceful (UK), one • five (Germany), Shellworks (UK), Woola (Estonia), …
The next wave of supply-chain innovation will be driven by startups that help incumbents win
For years, the narrative for innovation in supply chain has focused on the disruptors. Less heralded has been the next wave these disruptors often catalyze: Digital enablers.
Arkestro brings game theory and machine learning to procurement with $26M investment
Procurement involves buying supplies and services you need to run your business. For the most part, companies still use email and spreadsheets or legacy tools to find the best price and come to an agreement with the supplier. That’s fine as far as it goes, but in a world of growing supply chain pro…
Departing Amazon exec Dave Clark to head logistics startup Flexport
Dave Clark, the former Amazon consumer chief, will take over as CEO of freight forwarding and customs brokerage startup Flexport starting September 1, 2022. Clark resigned from his role as CEO of Amazon’s worldwide consumer division on Friday. His last day at the big tech company will be July…
Rimac raises more than $500M from Porsche, Softbank and Goldman Sachs
Rimac Group said Tuesday it has raised 500 million euro ($536 million), funds that will help the Croatian startup expand beyond its electric hypercar roots and grow into a global EV components supplier — and eventually a publicly traded company. Softbank Vision Fund 2 and Goldman Sachs led the Seri…
TikTok says ‘Project Texas’ will bolster security for U.S. users in wake of China data access concerns
Over the weekend, TikTok wrote to Republican Senators to assure them that it’s working on a program called “Project Texas” to bolster data security for U.S.-based users. This was in response to the Senators’ letter to the company dated June 27 that questioned its data access…