A logistics startup that is already servicing some big names has announced $4.3 million in new venture capital (VC) funding. Monday (Dec. 18) reports from TechCrunch said AxleHire — which facilitates last-mile logistics and delivery for subscription commerce and consumer packaged goods (CPG) firms like HelloFresh and...
November 02, 2023
Supply chain technology startups are reportedly facing a challenging environment as venture capital (VC) firms reduce funding for these companies. The decline in investor support, coupled with a weakening freight market, has forced some startups to cut costs, lay off staff and explore alternative survival strategies, The Wall Street Journal (WSJ) reported Thursday (Nov. 2). One […]
