Tag: supply chain
Twinco Capital scores €3M for its supply chain finance solution
Twinco Capital, a Madrid and Amsterdam-based startup making it easier to access supply chain finance, has raised €3 million in funding. Leading the round is Spanish VC fund Mundi Ventures, with participation from previous backer Finch Capital and several unnamed angels. Twinco Capital also has a debt facility with the…
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Hong Kong startup ICW eyes supply chain diversification demand amid trade war
For American importers, finding suppliers these days can be challenging not only due to COVID-19 travel restrictions. The U.S. government’s entity list designations, human rights-related sanctions, among other trade blacklists targeting Chinese firms have also rattled U.S. supply chains. One young company called International Compliance Workshop, or ICW, is determined…
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Waresix acquires Trukita to connect more of Indonesia’s fragmented logistics chain
Andree Susanto, CEO and co-founder of Waresix, left, with Ady Bangun, CEO and co-founder of Trukita Waresix, one of Indonesia’s largest logistics startups, has acquired Trukita, a company that focuses on the “first mile.” The term refers to the part of the supply chain where goods are transported from ports…
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Singapore’s government launches blockchain innovation program with $8.9 million in funding
A group of Singaporean government agencies is launching a new research program for blockchain technology with $12 million SGD (about $8.9 million USD) in funding. Called the Singapore Blockchain Innovation Programme (SBIP), the project is a collaboration between Enterprise Singapore, Infocomm Media Development Authority and the National Research Foundation Singapore.…
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Watch SpaceX launch its new and improved cargo Dragon spacecraft for the first time
[embedded content] SpaceX is launching a new spacecraft during its 21st Commercial Resupply Services (CRS) mission for the International Space Station this morning. The launch is set to take off at 11:17 AM EST (8:17 AM PST) from Kennedy Space Center in Florida, and will be the first ever flight…
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Alibaba and Ethiopian Airlines to launch cold chain exporting China’s COVID vaccines
China has pledged that it would be sharing its COVID-19 vaccines with other countries, especially those with which it has close ties. While the country is not ready to deploy its vaccines internationally, it is gearing up the infrastructure for mass distribution. This week, Alibaba announced that it has struck…
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