SourceMap raises $10M to step up supply chain transparency and traceability

SourceMap raises $10 million in series A funding round

Amid Russian aggression in Ukraine, companies with suppliers in the region have a challenge to overcome. With supply lines between the region and the rest of the world beginning to sever, brands that source their parts and raw materials from Russia and Ukraine will need to start looking elsewhere, but transitioning to a new supplier that fits is no small task.

That’s not to say it can’t be done. In a bid to make procurement less of a headache for retailers, supply chain due diligence platform Sou...

https://www.freightwaves.com/news/sourcemap-raises-10m-to-step-up-supply-chain-transparency-and-traceability

TrusTrace to expand supply chain sustainability tracking with $6M Series A

Supply chain sustainability tracking company TrusTrace raised $6 million in series A funding.

As retailers and consumers demand products that are made sustainably throughout all stages in the supply chain, a transparency software platform provider TrusTrace may have the technology to provide the necessary traceable data.

The Stockholm, Sweden-based company closed a Series A funding round with $6 million in investments Thursday. The round was led by Industrifonden and Fairpoint Capital, with additional participation from previous investors BackingMinds and Fashion for Good. 

“TrusTrace...

https://www.freightwaves.com/news/trustrace-to-expand-supply-chain-sustainability-tracking-with-6m-series-a

CO2, supply chain tracing company Circulor raises $14M in Series A

Circulor raised $14 million in Series A funding for traceable supply chain technology.

Electric vehicle (EV) adoption is growing, which is increasing the demand for electric batteries and all the metals they contain. Because calls for decarbonization are at least partly driving this transition, some observers wonder if companies are sourcing battery materials sustainably and what will happen to these useful metals at the end of their life cycles.

Supply chain traceability and CO2 tracking technology provider Circulor tracks “the flow of raw materials through supply chains from...

https://www.freightwaves.com/news/co2-supply-chain-tracing-company-circulor-raises-14m-in-series-a

PowerFleet secures COVID-19 healthcare supplies across Africa

PowerFleet secures COVID-19 healthcare supplies across Africa (Photo: Green Door Logistics)

Vehicle tracking company PowerFleet has partnered with the French Red Cross, a major player in the French humanitarian response plan, to provide it with a plug and play traceability solution that would be used to protect shipment of healthcare equipment and supplies during the COVID-19 pandemic. 

The PowerFleet solution Cellocator will be responsible for securing, controlling, tracking and managing these assets across Sub-Saharan Africa and the Democratic Republic of Congo. Aside from keeping...

https://s29755.pcdn.co/news/powerfleet-secures-covid-19-healthcare-supplies-across-africa

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