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Today: July 7, 2024
January 19, 2024
1 min read

The Flow of Venture Capital Boosting FreightTech Startups

TLDR:

Supply chain-focused startups Sayari, TrusTrace, Kusari, and Cart.com have recently secured a total of $330m in capital investments. Atlanta-based Sayari has signed an agreement with investment firm TPG Growth in order to expand the company globally and support its planned launch of an AI supply chain illumination platform; UK-based TrusTrace, which provides product traceability and compliance services to fashion brands, has raised $24m; cybersecurity startup Kusari has secured $8m to develop its supply chain software tools; and Cart.com, which provides infrastructure to multichannel merchants and recently acquired logistics technology firm Vector, has secured a $70m debt facility from Silicon Valley Bank.

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