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The next wave of supply-chain innovation will be driven by startups that help incumbents win

TechCrunch

Steve Sloane is a partner at Menlo Ventures where he invests in inflection-stage companies. For years, the prevailing narrative for innovation in supply chain has focused on the disruptors: Upstarts that enter the industry with new technologies and business models to displace incumbents. Steve Sloane. Contributor. Share on Twitter.

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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

Signaling that investments in the supply chain sector remain robust, Pando , a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing its total raised to $45 million. Customers can customize the tools and apps or build their own using Pando’s APIs.

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How To End Your Pitch with Your Vision

Dream It

We have made the decision to invest in entrepreneurs without slides, whose ambition, passion, depth of understanding of an opportunity and compelling vision come through crystal-clear in conversation,” states Sarah Guo from Greylock Partners. As all investors know from the case of Uber, you cannot size a market based on an incumbent.

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Digital road freight forwarder Sennder raises $160M Series, plans European expansion

TechCrunch

Sennder competes with large incumbents like Wincanton and CH Robinson, as well as other startups such as OnTrac and Instafreight. Sennder’s new investment will mean it can expand in European markets. In June 2020 it merged with French competitor Everoad, and acquired Uber Freight’s European business last September.

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Digital freight forwarder Forto raises another $50M in round led by Inven Capital

TechCrunch

Additional investment came from Iris Capital, with strong participation from current investors, including Rider Global, Northzone, Cherry Ventures and the Italian venture fund H14. Additionally, Maersk, the largest ocean carrier in the world, has “significantly” — says the startup — added to its existing investment.

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Joby Aviation makes its public trading debut on the NYSE

TechCrunch

That includes $835 million of private-investment-in-public-equity, as well as more than $500 million of capital on the balance sheet. It’s a sizable amount, but creating an entirely new form of transportation is a capital-intensive business. It also now has the highest cash balance. All told, Joby has around $1.6

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TechCrunch+ roundup: Psychedelic biotech, Gogoro’s SPAC, H-1Bs for Ukrainians

TechCrunch

Launched in 1987, the company provides hundreds of transportation and hospitality providers with inventory management and booking services. If you can map every oasis in a desert, you’ve created a transportation network. Gogoro’s public debut could supercharge EV battery swapping across the globe.