Category: Supply Chain Innovators

  • According to Fortune, Onshape, a computer-aided design (CAD) software startup from Cambridge, Massachusetts, has raised a total of $64 million in funding from New Enterprise Associates, North Bridge Venture Partners, and Commonwealth Capital. The funding values the company, which has operated stealthily for the past three years, at $295 million, including the funding. (This total funding…

  • In the world of omni-channel delivery, keeping track of inventory across multiple sources is a huge supply chain challenges for retailers. Local delivery options can be vast and making sure these guys are reliable and still in business can be a challenge for retailers. That's why CommerceHub's latest acquisition is so interesting to supply chain professionals…

  • according to 3Dprint.com, late last week United States Patent and Trademark Office published a patent filing by Amazon Technologies, Inc. which outlines a method of 3D printing on-demand within mobile manufacturing hubs.  According to Amazon, such a setup could save the company time and money on several fronts. “The multiplicity of items offered may require the electronic marketplace owner/operator…

  • Ann Grakin of ChainLink Research wrote an excellent piece on last mile delivery costs. Guess what! They are very expensive and can seriously impact retail and e-commerce margins. As Ann points out, however, once trained,  consumers wants their stuff as soon as they can get it, so the trend is unlikely to decellerate any time…

  • According to PEHub, Ele.me, a food delivery service based in Shanghai, announced this afternoon (link via Google Translate) that it has raised $350 million in Series E funding from CITIC, Tencent, JD.com, Dianping.com, and Sequoia Capital. The investment is notable because Tencent, e-commerce company JD.com, and restaurant review site Dianping.com are closely aligned. Investing in Ele.me, which operates…

  • Instacart, our favorite grocery delivery company, joins the ranks of the unicorns, with a $220 million dollar raise on a $2 billion dollar valuation. According to Re/code, this comes just six months after Instacart raised $44 million at a valuation of about $400 million in a round led by Andreessen Horowitz. It has now raised a…

  • According to Boston Business Journal, with the boom in e-commerce orders around the world, there's only one problem, specifically for apartment dwellers: Those packages that you've ordered are piling up in your lobby and someone might take them. Medfield-based Package Concierge Inc., a maker of so-called digital lockers for apartment buildings and college dorms, aims to…

  •   According to PE Hub, Roadie, Inc, a mobile app that tries to link up people who need things delivered with drivers with unused passenger capacity in their vehicles, has launched with $10 million in Series A funding. Investors participating in the funding round include UPS Strategic Enterprise Fund,TomorrowVentures, Warren Stephens of Stephens Inc., Guggenheim Partners Executive Chairman Alan Schwartz, Square co-founder Jim McKelvey, the Mellon Group and former ISSCEO Tom…

  • It's the ugly backwater of logistics, but apparently a very profitable one. Returns are rarely spoken about but are a huge pain to deal with and very expensive. This has led to the development of specialized companies who deal with returns, refurbishment and resale–the famous 3 R's of reverse supply chain. Now, top tier VCs…

  • According to bizjournals, Baxter the robot is now even more ready for life "outside the cage." That's how Jim Lawton, chief marketing officer for Boston-based robot makerRethink Robotics, describes Baxter's new software update, called the Robot Positioning System. The company recently released a software update for its manufacturing robot, Baxter, giving the robots much more mobility in a manufacturing…