Dexory, the robotics and data intelligence company announced it has closed an $80 million Series B funding round. The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry. As part of this investment, DTCP’s Michael Rager […]
Many global multinationals accelerated their investments in digitizing data during the pandemic. According to Colin Masson, a director of research at ARC Advisory Group, the opportunity to mine these vast quantities of data to achieve business value is “NOW.” Mr. Masson recently wrote the report “Industrial-grade AI: Transforming Data into Insights and Outcomes.” Mr. Masson […]
The Evolution of Connected Fleet Ecosystems Fleet Management 2.0 is redefining transportation by integrating IoT sensors into vehicles, fundamentally shifting fleet operations. These sensors capture precise data on factors like location, speed, fuel usage, and driver behavior, transforming fleet management from reactive to data-driven decision-making. Real-time visibility enables fleet managers to oversee both individual vehicles […]
Third Wave Automation, a provider of autonomous high-reach forklifts, has closed a $27 million Series C funding round led by Woven Capital, Toyota’s growth investment arm. The round also included returning investors Innovation Endeavors, Norwest Venture Partners, and Qualcomm Ventures, bringing Third Wave’s total funding to $97 million. This capital will help scale the company’s […]
When it came out, ChatGPT seemed like magic. It has led supply chain vendors to discuss how they currently use artificial intelligence. Further, virtually every supplier of supply chain solutions is eager to explain the ongoing investments they are making in artificial intelligence. Any device that can perceive its environment and can take actions that […]
Implementing Digital Product Passports (DPPs) within an organization involves a detailed and strategic process. This requires a thorough readiness assessment, selection of appropriate technology, and careful integration with existing business processes. Each step must be approached methodically to ensure a successful and secure implementation that meets regulatory requirements and enhances operational transparency. Readiness Assessment Organizations […]
Amazon is making significant investments in nuclear energy, focusing on Small Modular Reactors (SMRs) as part of its goal to achieve net-zero carbon emissions by 2040. Following recent clean energy initiatives by Google and Microsoft, Amazon has partnered with X-energy to bring over 5 GW of new nuclear power online by 2039. The company plans […]
