Maersk Growth

AI, robotics, and IoT to streamline the flow of goods and information

Logistics Tech

<div>
 
 Huboo is a UK-based ecommerce fulfillment services provider offering services in inventory management, order logistics, warehousing, and shipping. The company caters to various industries including toy and games, tech and electronics, food and beverages, homeware and accessories, sportswear, fashion, etc. Its unique hub model creates micro-warehouses within its larger warehouses to improve efficiency and reduce time spent on picking products.&nbsp;
 
 
 The company operates a network of fulfillment centers across Europe (mainly the UK, Netherlands, Spain, and Germany) and has partnered with courier companies worldwide to provide services globally. The company claimed to have shipped 15 million+ products over the 12 months ending November 2023.
 
 
 The company operates on a volume-based pay-per-use business model. Its standard subscription packages include 1) Silver (GBP 50/USD 60 per month) for dispatching up to 300 orders per month; 2) Gold (GBP 150/USD 185 per month) for dispatching up to 1,500 orders per month; 3) Platinum (GBP 450/USD 560 per month) for dispatching up to 5,000 orders per month; and 4) corporate packages with custom pricing. Services such as express delivery, international shipping, return handling, custom packaging, etc. can also be added.
 
 
 As of April 2024, the company operated a network of nine fulfillment centers across Europe (mainly the UK, Netherlands, Spain, and Germany) and has partnered with courier companies worldwide to provide services globally. The company claimed to have shipped 15 million+ products over the 12 months ending April 2024.
 
 
 The company operates on a subscription-based pay-per-use business model (volume-based).
 
 
 Key customers and partnerships
 
 
 As of April 2024, Haboo served 1,200+ customers including Deliciously Ella, Vet-Ai, Calm Collective, Dingbats Notebooks, Asan Cup, Kuroa, Fibropharma, Kikakinis, Au Vodka, Azio Beauty, Coblo, Primal Soles, Forest Spa, Just Wears, Carlsberg, Flare Audio, JS Health, and Legless Games.
 
 
 The company has integrations with multiple platforms to ensure a smooth fulfillment process. Such integrations include:
 
 
 1. Platforms and marketplaces: Amazon, eBay, Shopify, BigCommerce, Etsy, TikTok Shop, Bluepark, Magento, Squarespace, Wayfair, Wish, Wix, and WooCommerce
 
 
 2. Inventory, order, and channel management platforms: Brightpearl, Channel Advisor, Channel Engine, Linnworks, Netsuite, Serlo, and ChannelGrabber
 
 
 Its other integrations include customer relationship management (CRM), marketing tools and agencies, and compliance and tax service providers.
 
 
 Funding and financials
 
 
 <a href="https://sp-edge.com/updates/24506">
 In November 2023,
 </a>
 Huboo raised GBP 29 million (USD 36.6 million) in funding from existing investors, including Ada Ventures and Maersk to drive profitability.
 
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<div>
 
 France-based SpaceFill provides an on-demand warehousing solution for the B2B industry for actions such as cross-docking operations. The warehouses are of third-party logistics (3PL) providers that allocate a part of the warehouse space to SpaceFill&rsquo;s customers. SpaceFill has a network of 1,500 warehouses across France and Germany, which is available for SpaceFill&rsquo;s customers on an on-demand basis. The warehouses are connected to a software orchestrating layer, which acts as a control tower for clients&rsquo; inventory and logistics strategy.
 
 
 
 
 The company offers its services on a subscription basis.
 
 
 
 
 Key customers and partnerships
 
 
 As of April 2024, SpaceFill served more than 500 customers including Ikea, Angell Bike, Leroy Merlin, Coca-Cola, Stryker, Agorane, Swarovski, Eurofins, and Fefe.
 
 
 
 
 The company has integrations with 1) warehouse management software (WMS) providers including Stock-iT, Akanea, Logis, Pulpo, Speed, Infolog; 2) enterprise resource planning (ERP) systems such as Odoo, SAPS/4HANA, Oracle ERP Cloud, and Microsoft Dynamics 365; 3) transport management systems such as MyTroopers; and 4) content management systems (CMS), including Shopify, PrestaShop, WooCommerce, WiziShop, and Wix.
 
 
 
 
 Funding and financials
 
 
 SpaceFill reported EUR 10 million (~USD 11 million) in revenue, as of March 2022.
 
 
 
 
 In March 2022, SpaceFill raised EUR 25 million (USD 27 million) in a Series B funding round led by NGP Capital with participation from Maersk Growth and other existing investors. The company intended to use the funds to expand its team, improve its platform, and expand its network.
 
 
 
 
 Key competitors: None comparable
 (SpaceFill is the only startup in the Logistics Tech space that offers on-demand warehousing solutions using 3PL company warehouses in Europe.)
 
 
 
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Dexory (formerly&nbsp;BotsAndUs)&nbsp;is a robotics and data intelligence company based in the UK that develops autonomous robots and AI solutions for warehouse management. The company's flagship product is a digital twin platform called&nbsp;<a href="https://sp-edge.com/updates/16113">”DexoryView,”</a> which combines autonomous mobile robots (AMRs) with AI-powered analytics to provide real-time visibility and insights across warehouse operations. Dexory's robots can scan warehouses of any size up to 15 m high, capturing 3D scans, images, and sensor data to create digital twins of warehouse spaces. This data is then processed using computer vision and machine learning to generate actionable insights on inventory levels, space utilization, and operational efficiency.The company operates on a subscription-based robotics-as-a-service model.Key customers and partnershipsAs of October 2024, Dexory’s customers include GE Appliance, Maersk, Menzies Aviation, Huboo, Denso, ID Logistics, Schenker, iB Cargo, Iron Mountain, Unipart Logistics, FreshLinc, GXO, Howdens, GWC, and Yusen Logistics.

<div>
 
 Boxbot develops automated sorting and storage solutions for warehouses. The company, which previously focused on developing autonomous delivery vehicles (ADVs) for 
 <a href="https://sp-edge.com/industry/1">
 last-mile delivery automation,
 </a>
 announced the shift in focus to develop warehouse robots 
 <a href="https://sp-edge.com/updates/22292">
 in September 2023.
 </a>
 It offers intelligent 3D parcel handling conveyor systems, specifically designed to increase storage density within a smaller footprint. Its platform can store, sort, and sequence high-throughput payloads while requiring minimal physical space. The company claims the system can handle up to 4,000 parcels per hour. The system is powered by &ldquo;Boxbot OS,&rdquo; which provides advanced analytics, systems controls, and predictive maintenance features.
 
 
 Key customers and partnerships
 
 
 Boxbot was in discussions with partners and had identified several sites for testing its warehouse automation technology as of September 2023. The company has conducted pilot tests in various use cases and notes the technology can be deployed at last-mile delivery centers, bonded storage warehouses, and customer pickup locations.
 
 
 Funding and financials
 
 
 <a href="https://sp-edge.com/updates/22292">
 In September 2023,
 </a>
 Boxbot raised USD 12 million in a Series A funding round led by Playground Global to strengthen its engineering and business operations and accelerate its go-to-market approach.
 
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Tech solutions for achieving global anti-wastage targets

Food Waste

Based in Israel, Wiliot provides self-powered sensor tags that look like stickers and can be attached to medicine, food, or agricultural products. These tags provide the manufacturer or retailer with product information such as location, humidity, and freshness. The information is stored on a cloud that users can access via the Wiliot platform and receive real-time transparency updates.&nbsp;As of October 2024, Wiliot claimed&nbsp;that its sensing stickers can reduce food waste by 40%.&nbsp;The company operates a Sensing-as-a-Service business targeting food brands and retailers. The first version of the sensor tag, called Wiliot V1.0, was launched in 2019. In 2020, the tags were further developed to integrate with Bluetooth devices and improve the ability to access information from devices that have Bluetooth connectivity. In November 2021, the V2.0 upgraded version of the tag was unveiled, which enhanced the versatility and accuracy of the product.&nbsp;The company&nbsp;planned to provide the tags at a cost of USD 500 per developer kit and is working with large retail companies to commercialize its product and&nbsp;expected to mass produce by the end of 2021. In&nbsp;<a href="https://sp-edge.com/updates/15615">January 2023</a>, Wiliot announced the launch of its Innovation Kit, which helps to track the location and temperature of a range of goods.&nbsp;

Spoiler Alert offers a B2B trading platform connecting food manufacturers and distributors with a network of discount channels to manage food inventory and reduce wastage through discount sales and donation processes for slow-moving and excess food inventory.&nbsp;&nbsp;&nbsp;As of 2024, Spoiler Alert reported that its platform had sold over 1 billion lbs of food inventory for its customers since 2019 and was used in over 300 manufacturing plants and distribution centers across the US.Key customers and partnershipsSome of the popular food companies that used Spoiler Alert included Nestle, Campbell Soup Company, and Danone North America.&nbsp;In April 2018, Spoiler Alert partnered with HelloFresh to divert surplus food away from landfills to alternative outlets, such as hunger relief organizations, thereby reducing landfill food waste by 65%.&nbsp;In March 2021, the company also partnered with Kraft Heinz to improve food waste mitigation efforts after getting its inventory to customers 75% faster by reducing inventory processing time.&nbsp;In November 2023, Spoiler Alert collaborated with Unilever US to use Spoiler Alert’s digital discounting platform in supporting Unilever's B2B discounting optimization processes and to help redirect more of its excess and discontinued goods to value-channel retailers.

Afresh began as a research project in 2017 to develop AI-powered software that optimizes the entire food supply chain. Specifically, the company offers an in-store solution for grocery stores that applies artificial intelligence to manage the freshness of food. According to the company, the implementation of its technology has led to a 25%–45% reduction of in-store food waste and increased gross margin of fresh produce sales by 4 percentage points. The company generates revenue under a SaaS model. In&nbsp;<a href="https://sp-edge.com/updates/16835">March 2023,</a> the company expanded into fresh departments, including meat, seafood, deli, and food service.As of&nbsp;October 2024, the company’s technology was deployed across 3,000 stores in 40 states in the US and it reported that it was able to triple its customer base in 2021.&nbsp;Afresh also reported that it prevented 44 million lbs of food wastage as of 2024 while reducing 24 million kg of CO2 emissions and saving 886 million gallons of water.Key customers and partnershipsSome of Afresh's key customers include Fresh Thyme Market, WinCo Foods, and Heinen’s. In 2019, the company also reported that it had established partnerships with three US grocery chains, each with more than 100 stores in operation.&nbsp;&nbsp;The company also collaborated with Bashas’ Supermarkets Inc. (a chain of grocery stores based in North America with over 100 stores) in September 2021 and New Season Market (a chain of 19 privately owned grocery stores) in October 2021 to pilot the “Afresh AI-driven software solution” at selected stores.In December 2022, Afresh partnered with SpartanNash to pilot the AI-powered Afresh platform at 10 of SpartanNash’s Family Fare grocery stores.&nbsp;&nbsp;In&nbsp;<a href="https://sp-edge.com/updates/15786">January 2023</a>, Afresh and Albertsons Companies announced the completion of an enterprise rollout of the Afresh predictive ordering and inventory management platform.&nbsp;Afresh also partnered with Albertsons Companies again in October 2024 for the launch of Afresh DC Forecasts, where Albertsons was its first customer.

Empowering efficiency, visibility and collaboration throughout supply networks

Supply Chain Tech

Ripe.io is a technology company that uses blockchain technology, IoT, AI, and machine learning to provide product traceability solutions for the food industry. The company offers a platform that gathers data on food products, monitoring variables like temperature, humidity, and chemical characteristics. This data is compiled and made accessible to all members of the food supply chain from producers to consumers in a format known as a "food bundle," enabling the platform users to gain transparency across food supply networks.The real-time data can be tracked and traced from Ripe.io's mobile app or accessed directly from their dashboard​​. Additionally, Ripe.io tailors every dashboard to client needs and uploads all data into the blockchain ledger, ensuring access to required data at any point in the food supply chain.Key customers and partnershipsThe company’s customers include a range of stakeholders connected to the food supply chain including farmers and growers, food distributors, logistics companies, retailers, and restaurants. As of October 2023, the company’s customers included leading companies such as Limonik Produce Inc. and Limones Monica.In June 2019, the company also partnered with R3, a global enterprise blockchain software firm, to enhance transparency in the food and agriculture supply chains through blockchain. As part of the partnership, Ripe.io will leverage R3's Corda Enterprise and Microsoft Azure to provide a platform for reliable information about food origin and quality. In February 2020, Ripe.io partnered with Neogen to leverage blockchain technology to improve the latter’s efforts on food safety diagnostics and animal genomics.Funding and financialsIn September 2018, Ripe.io raised USD 2.4 million in seed funding in a round led by the venture capital arm of Maersk. The funding was intended for expanding the internal team.

Headquartered in Caesarea, Israel, Wiliot opeates in the Internet-of-Things (IoT) sector, focusing on bringing connectivity and intelligence to everyday products. The company has developed a platform called the ambient IoT Visibility Platform, which connects the digital and physical worlds through its IoT Pixels. These IoT Pixels are stamp-sized, self-powered compute devices that cost only pennies. They can attach to any product or packaging and transmit real-time item- and case-level information about location, temperature, humidity, and even carbon footprint. The platform allows companies to gain unprecedented visibility into their supply chains, enabling them to improve efficiency, reduce waste, ensure product safety, and optimize operations.Wiliot's IoT Pixels harvest radio frequency energy from surrounding sources like Bluetooth devices and Wi-Fi routers, eliminating the need for batteries. They communicate using Bluetooth Low Energy (BLE) and connect to the internet through existing infrastructure like smartphones, tablets, or bridge devices. The collected data is then processed in Wiliot's Cloud, where advanced algorithms and analytics generate actionable insights.In addition to location and environmental sensing, Wiliot's platform can also detect events like fill levels, dilution, and tampering, making it valuable for industries like pharmaceuticals, food, and retail. The company has successfully deployed its technology for applications such as vaccine vial monitoring, produce freshness tracking, and retail inventory management.In August 2024, the company <a href="https://sp-edge.com/updates/32817">introduced</a> WiliBot, a GenAI chatbot that enables natural language conversations with ambient IoT-connected products in supply chains. The solution allows businesses to interact with their products and supply chains by asking questions about shelf life, product journey, stocking recommendations, safety, and carbon footprint. The company is currently piloting WiliBot with key enterprise customers, with a broader rollout planned for late 2024 and into 2025.Key customers and partnershipsWiliot serves a diverse range of industries including consumer packaged goods (CPG), retail, and healthcare. The company works closely with companies like Avery Dennison and Identiv, along with infrastructure providers and system integrators to deliver end-to-end solutions.Wiliot also collaborates with software companies like iFoodDS and Trustwell to integrate its ambient IoT data into their food safety and compliance platforms, enabling automated traceability and adherence to regulations like the FDA's Food Safety Modernization Act (FSMA) Rule 204.

<div>
 
 Vizion is a supply chain visibility provider specializing in the development of technology solutions for tracking ocean freight. The company's flagship offering is a comprehensive container tracking API, which enables live tracking and risk management of shipments. This technology is designed to integrate ocean freight tracking data from nearly any carrier into a single, user-friendly structure, thereby simplifying the logistics and supply chain management process. A key differentiator of Vizion&rsquo;s product is its ability to offer detailed insights and transparency across the supply chain.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 
 Vizion caters to a broad range of clients within the supply chain and logistics sectors, including port and terminal operators, logistics providers, drayage companies, railroads, and retail providers. 
 
 
 
 
 In January 2024, the company, in partnership with Dun &amp; Bradstreet, launched TradeView, a product designed to enhance supply chain visibility and risk management. TradeView combines Vizion's global shipment data with Dun &amp; Bradstreet's supply chain data, offering live tracking and extensive monitoring capabilities across supplier networks and product value chains. This tool aims to assist a wide range of supply chain participants in making informed business decisions by providing unprecedented access to critical, real-time information.
 
 
 
 
 Funding and financials
 
 
 
 
 
 In July 2022, Vizion raised USD 14 million in a Series A round. Samsung Venture Investment Corporation (SVIC) led the round, with participation from Maersk Growth, Valuestream Ventures, and others, including existing investors such as Tech Square Ventures, Revolution&rsquo;s Rise of the Rest Seed Fund, MS&amp;AD, 1984 Ventures, and SaaS Ventures. The capital infusion was aimed at further developing Vizion's technology, expanding its customer base, and investment in human capital.
 
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Using online platforms, autonomy, electric and fuel-cell tech solutions to shape the future of trucking.

Truck Industry Tech

Einride is a Swedish startup developing technology for both autonomous and electric trucks. Its product portfolio includes the freight-hauling autonomous Class 8 trucks “Pods,” electrified commercial mobility solutions “E-trucks,” electric semi-trailer <a href="https://sp-edge.com/updates/10558">“Einride Trailer,” </a>its operating system “Saga”—an IoT-based system that runs through Einride’s vehicles <a href="https://sp-edge.com/updates/14209">(also offered to third parties), </a>a developer application programming interface called <a href="https://sp-edge.com/updates/10558">“Einride Extend”; </a>and charging stations called <a href="https://sp-edge.com/updates/14209">“Einride Stations.” </a>The company offers electric trucks to customers across Europe, US, and <a href="https://sp-edge.com/updates/19012">the UAE. </a>It also has approval to launch its autonomous trucks in countries including Sweden, <a href="https://sp-edge.com/updates/11283">the US, </a>and <a href="https://sp-edge.com/updates/13069">Germany.&nbsp;</a>&nbsp;Einride offers its products on a subscription-based delivery-as-a-service business model. The subscription includes the use of Einride's electric and autonomous trucks, access to its routing software, and maintenance services.Key customers and partnershipsEinride’s customers using its electric trucking solutions include <a href="https://sp-edge.com/updates/9350">A.P. Moller-Maersk </a>(US), Bridgestone (US), <a href="https://sp-edge.com/updates/9350">Beyond Meat </a>(US), <a href="https://sp-edge.com/updates/35190">PepsiCo</a> (US), Lidl (Sweden), <a href="https://sp-edge.com/updates/11100">Oatly </a>(Sweden and US), <a href="https://sp-edge.com/updates/25917">Mars </a>(Europe), Heineken (Netherlands and Germany), <a href="https://sp-edge.com/updates/15017">AB InBev </a>(Benelux region), PepsiCo snack food subsidiary <a href="https://sp-edge.com/updates/17838">Walkers </a>(UK), <a href="https://sp-edge.com/updates/18586">REWE </a>(Germany), and <a href="https://sp-edge.com/updates/19409">PostNord </a>(Sweden and Norway). Its customers that use the autonomous version of its trucks include <a href="https://sp-edge.com/updates/24002">GE Appliances </a>(US).&nbsp;Einride has truck purchase agreements with automakers including Mercedes-Benz (120 trucks for deployments in Europe; <a href="https://sp-edge.com/sectors/commerce-and-hospitality/updates/7396">December 2021) </a>BYD (200 trucks for US deployments; <a href="https://sp-edge.com/updates/8645">February 2022) </a>, Scania (110 trucks for deployment in Europe; <a href="https://sp-edge.com/updates/11190">May 2022), </a>DAF Trucks (50 electric trucks; <a href="https://sp-edge.com/updates/18731">May 2023) </a>and Paccar (150 trucks, <a href="https://sp-edge.com/updates/29863">May 2024), </a>which would be retrofitted with Einride’s autonomous/operating software.&nbsp;Key competitors: None comparable (Einride is the only company in the Truck Industry Tech that offers battery-electric and autonomous trucking solutions.)

Loadsmart is a logistics technology company specializing in freight transportation and supply chain optimization. It offers a range of digital solutions, including online freight brokerage, dock scheduling software, and transportation management systems. Loadsmart's platform integrates AI/ML to enhance warehouse management, truckload procurement, and real-time freight tracking.Its freight matching solution supports full-truckload (FTL), less-than-truckload (LTL), partial-truckload (PTL), drayage, and intermodal freight. This platform allows users to instantly price, book, and ship freight. Shippers can also get updates, track shipments, and automate invoicing via integration with transportation management systems (TMS). The company offers the service on a subscription basis.Loadsmart’s acquisitions include 1) Navtrac, a computer vision startup (September 2023); 2) Kamion, an intelligent trucking management system; and 3) Opendock, a developer of warehouse dock scheduling software <a href="https://sp-edge.com/updates/6481">(November 2021).</a>Key customers and partnershipsIts customers include Cabot, Stanley Black &amp; Decker, Halliburton, Alcoa, Accenture, and StoneLoads.Loadsmart had 11 TMS integrations as of July 2024, including Oracle, MercuryGate, e2open, BlueYonder, Manhattan Associates, Kuebix, Tai, Win, One Network Enterprises, Uroute, and TranzAct. The company also has partnerships with similar online freight matching companies including SmartHop <a href="https://www.businesswire.com/news/home/20201201005290/en/SmartHop-Partners-with-Loadsmart-To-Support-Small-Carriers-Ahead-of-Holiday-Rush">(December 2020)</a>, Trucker Path’s Truckloads <a href="https://sp-edge.com/updates/7826">(January 2022)</a>, and StoneLoads <a href="https://sp-edge.com/updates/15166?industryIds=47">(December 2022)</a> to offer more load opportunities and enhance the number of available carriers.

Clear the air on carbon capture, reuse, and storage

Carbon Capture, Utilization & Storage (CCUS)

Prometheus follows a next-gen electro-chemical-based approach to convert CO2 into carbon-neutral fuel using renewable energy and carbon nanotubes. Industrial fans suck ambient air and blow it across a waterfall that absorbs CO2 and additional water. The electricity “charges” and “energizes” captured carbon with hydrogen molecules from water to create long-chain alcohols. Alcohols are then harvested using a special type of membrane called the Maxwell Core. Its pores are carbon nanotubes, which allow alcohol through while rejecting water. A final catalyst step combines the alcohols and recovers water. The company claims that it is the only one in the world that can separate alcohol from water economically. This step can be customized to produce gasoline, diesel, or jet fuel.In <a href="https://prometheusfuels.com/news/our-finished-commercial-scale-stack-design-unlocks-lowest-cost-fuel">October 2022</a>, Prometheus completed the design of the commercial-scale cell and stack Titan Fuel Forge.Key customers and partnershipsIn June 2019, Prometheus partnered with Boom Supersonic (a company building the world’s fastest supersonic airliner) to supply carbon-neutral fuel for the flight test program of one of its demonstrator aircraft scheduled for 2021. In July 2021, the company entered into a purchase agreement with American Airlines to supply 10 million gallons of carbon-neutral jet fuel.&nbsp;

Captura is a startup founded in 2021 at the California Institute of Technology, focused on developing Direct Ocean Capture (DOC) technology. The company's proprietary process involves drawing in seawater, separating a small portion of it through electrodialysis to convert dissolved inorganic carbon into CO2, capturing the CO2, and releasing the remaining seawater back into the ocean. This process leverages the high concentration of CO2 in seawater compared to the atmosphere, allowing for more efficient CO2 removal.Captura's DOC technology does not introduce any chemicals or byproducts into the ocean, maintaining the natural chemistry of the seawater. The captured CO2 can be sequestered underground or utilized as a product. In August 2022, Captura commenced operations of its first pilot system in Newport Beach, capable of capturing one ton of CO2 annually. A larger 100-ton pilot was installed at the Port of Los Angeles in 2023 for further testing and development.Captura aims to commercialize its technology, with plans for a 1,000-ton pilot plant in Norway in partnership with Equinor by the end of 2024. The long-term goal is to deploy large-scale commercial plants capable of capturing tens of thousands of tons of CO2 annually, potentially utilizing decommissioned offshore oil and gas platforms for sequestration. As of January 2024, Captura had raised USD 33.5 million in funding to support its technology development and piloting efforts.Key customers and partnershipsIn November 2023, Captura announced a partnership with Equinor, a Norwegian energy company, to develop a 1,000-ton-per-year DOC pilot plant at Equinor's Kårstø natural gas processing facility. The captured CO2 from this pilot is planned to be utilized by the Northern Lights CO2 transport and storage infrastructure.Captura is also collaborating with Deep Sky, a Canadian carbon removal project developer, to build a 100-ton DOC system in Quebec.Additionally, Captura has secured contracts with Frontier, an initiative launched by companies like Stripe, Alphabet, Meta, Shopify, and McKinsey, to sell carbon removal credits generated through its DOC technology.

Moving industry forward with next-gen advancements in energy storage and transmission

Alternative Energy

Prometheus Fuels (Prometheus) is an air-to-fuel (A2F) startup that leverages direct air capture (DAC) to produce carbon-neutral fuel from ambient air and claims that its technology can produce gasoline at price points competitive with fossil fuels. Another key advantage of Prometheus’ solution is that its carbon-neutral fuel is readily compatible with existing gasoline vehicles and does not require any modifications.The company follows a next-generation electro chemical-based approach to convert carbon dioxide (CO2) into carbon-neutral fuel using renewable energy and carbon nanotubes. Industrial fans suck ambient air and blow it across a waterfall that absorbs CO2 and additional water. The electricity ‘charges’ and ‘energizes’ captured carbon with hydrogen molecules from water to create long-chain alcohols. Alcohols are then harvested using a special type of membrane called the Maxwell Core. Its pores are carbon nanotubes, which allows alcohol through while rejecting water. A final catalyst step combines the alcohols and recovers water. The company claims that they are the only ones in the world who possess the capability of economically separating alcohol from water. This step can be customized to produce gasoline, diesel, or jet fuel.In <a href="https://prometheusfuels.com/news/our-finished-commercial-scale-stack-design-unlocks-lowest-cost-fuel">October 2022</a>, Prometheus completed the design of the commercial-scale cell and stack Titan Fuel Forge.Key customers and partnershipsIn June 2019, Prometheus partnered with Boom Supersonic to supply carbon-neutral fuel for the flight test program of one of its demonstrator aircrafts scheduled for 2021. In July 2021, the company entered into a purchase agreement with American Airlines to supply 10 million gallons of carbon neutral jet fuel.&nbsp;

Reinforcing recycling, rerouting refuse, and reducing wasteflows

Waste Recovery & Management Tech

WasteFuel uses anaerobic digestion and methanol production technologies to convert municipal and agricultural waste into sustainable fuels. The company is primarily focused on producing bio-methanol for the shipping industry.&nbsp;WasteFuel expects to develop multiple bio-methanol plants in Asia and the Americas, including a biorefinery in Manila, Philippines, to produce low-carbon fuels, which is slated to be operational in 2025. The company intended to set up its first project in Dubai, with the first batch of fuel expected in 2024.&nbsp; Key customers and partnershipsIn February 2021, WasteFuel partnered with <a href="https://www.netjets.com/en-us/waste-fuel-sustainable-aviation-partnership">NetJets Inc.</a> to deliver 100 million gallons of WasteFuel’s sustainable fuels over the next 10 years.&nbsp;In September 2021, WasteFuel received an undisclosed investment and a supply agreement from Danish shipping line A.P. <a href="https://labusinessjournal.com/weekly/wastefuel-biofuel-maersk-shipping-investment/">Moller-Maersk</a> to provide green energy to fuel Maersk’s container ships. Funding and financialsThe company’s latest funding round was in <a href="https://www.wastefuel.com/bp-partnership-announcement">July 2023</a>, when it raised USD 10 million in a Series B funding round led by bp ventures, a London-based VC firm. The funding was utilized for developing a global network of low-carbon, bio-methanol facilities.

Electrifying passenger and commercial travel

EV Economy

Einride is a Swedish electric and autonomous (E&amp;A) commercial vehicle developer. The company’s flagship E&amp;A model “Pod” is the first to receive permission to operate on public roads in selected Swedish locations (in 2019). The company’s product portfolio also includes “E-trucks,” electric semi-trailer “Einride Trailer,” its operating system “Saga”—an IoT-based system that runs through Einride’s vehicles (also offered to third parties), and charging stations known as “Einride Stations.”In <a href="https://einride.tech/press/first-smartcharger-station-opens/">November 2023</a>, Einride opened its first charging station in Sweden, with plans to introduce charging stations to the US. The stations are capable of serving up to 200 vehicles and are available for both Einride customers and third-party fleets. Additionally, the company’s intelligent freight mobility platform Einride Saga can generate operational KPIs, track progress toward achieving emission targets and provide actionable operational insights using data gathered from customers’ transport ecosystem.In <a href="https://sp-edge.com/updates/11283">June 2022</a>, the company received approval from the National Highway Traffic Safety Association (NHTSA) to operate Pods without a safety driver on US roads, and also announced the launch of its trucks in Germany in <a href="https://sp-edge.com/updates/13069">September 2022</a>.Key customers and partnershipsEinride launched its operations in the US in October 2021 and has onboarded several high-profile customers like Bridgestone, GE Appliances, and <a href="https://sp-edge.com/updates/11101">Oatly</a> (a Swedish food company). In March 2022, the company partnered with <a href="https://sp-edge.com/updates/9350">Maersk</a> to supply 300 E-Trucks, following which it partnered with <a href="https://sp-edge.com/updates/12311">Beyond Meat</a> to supply five electric trucks in August 2022. In December 2022, Einride partnered with <a href="https://sp-edge.com/updates/15018">AB InBev</a> to deploy a fleet of its trucks in the Benelux region (Belgium, the Netherlands, and Luxembourg). In April 2023, the company established a three-year partnership with PepsiCo subsidiary <a href="https://sp-edge.com/updates/17898">Walkers</a> (UK) where the latter will use Einride-connected EVs between its manufacturing sites in Leicester and Coventry. Similarly, in <a href="https://sp-edge.com/updates/18586">May 2023</a> the company partnered with German supermarket chain REWE to supply trucks for deployments in Germany. In June 2023, Einride partnered with <a href="https://sp-edge.com/updates/19409">PostNord</a> to electrify the latter's fleet in Norway. In <a href="https://sp-edge.com/updates/24002">November 2023</a>, the company partnered with GE Appliances again to launch long-term autonomous truck operations.In <a href="https://sp-edge.com/updates/26431">February 2024</a>, Einride partnered with Heineken to deploy electric trucks to transport beer from Heineken's brewery in the Netherlands to a distribution center in Germany.In <a href="https://sp-edge.com/updates/19012">May 2023,</a> the company signed a Memorandum of Understanding with the United Arab Emirates (UAE) Ministry of Energy and Infrastructure to make Einride’s full-freight mobility offering (which includes 2,000 electric trucks, 200 autonomous trucks, and eight charging stations with over 500 charging points) available across the UAE’s “Falcon Rise” grid, a stretch of 550 km (341 miles) across Abu Dhabi, Dubai, and Sharjah. The freight ecosystem will be optimized and monitored using the “Einride Saga” platform.Einride also has truck purchase agreements with automakers including Mercedes-Benz (120 trucks for deployments in Europe; December 2021) BYD (200 trucks for US deployments; <a href="https://sp-edge.com/updates/8645">February 2022</a>), Scania (110 trucks for deployment in Europe; <a href="https://sp-edge.com/updates/11190">May 2022</a>), DAF Trucks (50 electric trucks; <a href="https://sp-edge.com/updates/19012">May 2023</a>), and Mars (300 trucks; <a href="https://sp-edge.com/updates/25917">January 2024</a>). The company also has a partnership with the tire-making company Bridgestone (August 2021) to integrate its smart-sensing tire technology into Einride’s vehicles.Funding and financialsIn <a href="https://sp-edge.com/updates/15176">December 2022 </a>, the company raised USD 500 million in equity and debt financing to fund geographical expansion into new and existing markets across Europe and North America. In May 2021 Einride raised USD 110 million in a Series B round. The proceeds were to be used to scale up deployments with major customers in Europe and the US.

Marketplaces and related solutions for selling goods and services online

Ecommerce Platforms

Arrive Recommerce is a technology company that powers 'Returns to Recommerce' for brands and retailers. It helps brands and retailers divert non-new returns, excess inventory, and damaged inventory into a fully-branded revenue-generating resale channel. The company's modular and easy-to-implement Recommerce Management Technology allows brands and retailers to launch a profitable, branded, and sustainable resale channel in less than eight weeks.
Arrive Recommerce offers Recommence Management Technology, Recommerce Storefront Technology, and Analytical Tools that enable brands to drive more revenue, acquire more customers, and improve operational efficiency. The company collaborates with partners in adjacent verticals such as returns management, logistics, and ecommerce enablement to increase margins and value for brands.
Arrive Recommerce powers recommerce for brands and retailers across various sizes and industries, including apparel, outdoor products, and hard goods. As of July 2023, the company had partnered with brands like YETI and Burton Snowboards to offer their non-new returned products for resale. In November 2023, the partnership with Burton Snowboards expanded to launch the 'Pass Along' trade-in and buy used program for gently loved and fully authenticated gear and outerwear.
Key customers and partnerships
In November 2023, Arrive Recommerce expanded its partnership with Burton Snowboards, introducing the 'Pass Along' trade-in and buy used program for the winter 2023-2024 season. This program allowed riders to trade in functional gear and outerwear digitally or at Burton flagship stores in the US in exchange for brand credit redeemable at Burton-owned locations or on Burton.com. The program also made gently used inventory available for purchase on Burton's Resale site.

Bringing the benefits of blockchain to the enterprise

Enterprise Blockchain Solutions

Ripe.io is an enterprise blockchain company that is focusing on providing solutions for the food industry, specifically on issues such as quality control, safety assurance, and fraud prevention. The company's platform gathers data on food products, monitoring variables like temperature, humidity, and chemical characteristics. This data is compiled and made accessible to all members of the food supply chain from producers to consumers in a format known as a "food bundle." The primary benefit is improved transparency and data exchange across the entire food supply chain. Ripe.io utilizes blockchain technology, IoT, AI, and machine learning to enable the functionality of its platform.The real-time data can be tracked and traced from Ripe.io's mobile app or accessed straight from their dashboard​​. Additionally, Ripe.io tailors every dashboard to the clients' needs and uploads all data into the blockchain ledger, ensuring access to required data at any point during the food supply chain process​​.Key Customers and PartnershipsRipe.io partnered with R3 in June 2019 to enhance transparency in the food and agriculture supply chains through blockchain. Ripe.io will leverage R3's Corda Enterprise and Microsoft Azure, while R3 will expand into the food industry. The collaboration aims to provide a platform for reliable information on food origin and quality. Microsoft's cloud technology and AI tools will support the effort.

Sterilize with ease: The future of hygiene technology

Hygiene Tech

Ripe.io is a technology company that provides a platform for ensuring transparency and traceability in food supply chains. Their core offering is the "Blockchain of Food", a network that captures and shares the full lifecycle data of food products from seed to consumer. Ripe.io leverages blockchain technology and sensors to monitor key parameters like humidity, temperature, and ripeness levels during the journey of food products. This data is recorded on the blockchain, enabling all stakeholders in the supply chain – growers, processors, distributors, retailers, and consumers – to access a comprehensive view of a product's origin, quality, sustainability, and safety.
Ripe.io's solutions are aimed at radically improving transparency and digitizing various aspects of food supply chains. Their platform allows different actors to contribute data and map the entire journey of food products. As of July 2018, the company had secured a strategic investment led by Maersk Growth, the venture arm of global logistics giant Maersk. This partnership provides Ripe.io with access to Maersk's global reach and logistics expertise.
Key customers and partnerships
In July 2022, Ripe.io partnered with US Farmers & Ranchers in Action, a non-profit organization, to empower farmers and ranchers with its food integrity data platform. This collaboration aimed to enable US agricultural producers to provide transparency on the quality and sustainability of their food products to consumers.

Using autonomous, green, IoT, and digital technologies to shape the future of ocean-based transportation

Shipping Tech

Forto is a leading provider of digitized freight forwarding and supply chain solutions. The company offers transportation and technology solutions that extend beyond the mere movement of goods from origin to destination. Forto's intuitive logistics technology provides customers with visibility and insights, enabling them to optimize their supply chain activities. The company's platform technologies streamline the entire process, from obtaining quotes and booking shipments to document management, tracking and tracing, proactive exception handling, and analysis. Leading brands across industries such as fashion, furniture, and electronics trust Forto to manage the transport of their goods.
Forto's business model revolves around developing data-driven technology solutions and services for the entire logistics industry, empowering customers to gain control over their supply chains. The company's proprietary order management solution, FortoX, allows users to manage their supply not just on a container or shipment level but on a product level down to the stock-keeping unit (SKU). By eliminating friction from complex and non-transparent logistics processes, Forto aims to make the daily work of logisticians and supply managers more reliable, efficient, and easier.
In April 2020, the company rebranded from FreightHub to Forto, reflecting its evolution and vision to increase global prosperity while driving sustainability. Forto is committed to fortifying global trade by providing reliable, transparent, and efficient solutions that facilitate the smooth movement of goods around the globe. The company has expanded its reach worldwide, with a presence in multiple locations across Europe and Asia, including offices in Berlin, Copenhagen, Hamburg, Ho Chi Minh City, Madrid, Rotterdam, Singapore, Hong Kong, and Shanghai. As of March 2022, Forto has raised over USD 600 million in total investment and achieved a valuation of USD 2.1 billion.

Next-gen packaging solutions for enhanced product tracking, inspection solutions and freshness monitoring

Smart Packaging Tech

Based in Israel, Wiliot is a company specializing in ambient IoT solutions for package traceability and analytics. Utilizing innovative IoT Pixel technology, Wiliot enables real-time monitoring and data collection from products, offering insights into their location, condition, and authenticity. Its IoT Pixels, which are small tags powered by harvested radio frequency energy or thin-printed batteries, securely transmit encrypted data to existing Bluetooth devices. This data is then analyzed on Wiliot's cloud-based platform, which employs machine-learning algorithms to provide valuable insights throughout the product lifecycle, from manufacturing to recycling. Wiliot's solutions have vast applications across various industries, including CPG and grocery, apparel and soft goods, post and parcel, and quick-service food restaurants.In <a href="https://sp-edge.com/updates/32717">August 2024</a>, Wiliot launched WiliBot, a GenAI chatbot that interacts with IoT-connected products. It’s part of Wiliot’s ambient data platform, which uses small, self-powered IoT pixels to track items in the supply chain. Key customers and partnershipsIn February 2022, the company partnered with Identiv, a global provider of IoT digital security and identification solutions, to deliver Bluetooth IoT pixels for the mass IoT market and create an ecosystem of digital products in healthcare and smart packaging. In May 2022, the company partnered with Avery Dennison, a provider of innovative packaging material solutions, to design and manufacture second-generation Wiliot tags. In addition, the companies have integrated Wiliot's sensing services with Avery's connected product cloud, enabling the tag's sensing information to be added to a connected product's item-level data.Funding and financialsIn July 2021, the company raised USD 200 million in a Series C funding round led by SoftBank Vision Fund 2 to support further platform development.

MODIFI is a cross-border business payments company that offers digital solutions to help small and medium-sized businesses finance and manage their international trades. It also provides a digital platform that enables suppliers to receive instant payments while offering buyers the option to defer payments for up to 180 days. In addition, the company operates a trade finance service to solve global finance problems for small and medium-sized businesses.

Altris develops sodium-ion battery cathode material that is made entirely of abundant and environmental materials. The company's cathode material, Fennac®, is designed for efficient energy storage, promoting a greener future. Fennac® is made from iron, sodium, carbon, and nitrogen—all readily available and non-toxic materials. This allows Altris to produce batteries that are not only more sustainable but also safe for widespread use. Altris places a strong emphasis on sustainability by using abundant and low-cost materials, reducing dependency on scarce and geopolitically sensitive resources like lithium, cobalt, and nickel. Their technology is designed to be more environmentally friendly from production through to the end-of-life recycling process.

Pactum.com increases the value of vendor or employee contracts by negotiating win- win agreements on a massive scale.  The AI system uses best practice strategies and tactics to negotiate agreements in a chat like interface. Pactum can hold an unlimited number of parallel sessions to renegotiate all vendor contracts in a matter of minutes, freeing up resources for more complex negotiations and contributing directly to the bottom line. The company is based in Mountain View with engineering and operations in Estonia. Pactum is backed by founders of Skype and TransferWise and built by luminaries from Skype, Starship Technologies and the Government of Estonia’s e-Residency program.

Captura is a Direct Ocean Capture company that develops a carbon capture system to catch scalable carbon from the atmosphere. It develops cost-competitive carbon dioxide capture and sequestration technology to extract it from ocean water to meet the rapidly growing demand in the credit market. Its system combines innovative technology with the natural carbon removal powers of the ocean to remove CO2 from the atmosphere at a large scale and low cost, providing a critical capability in the fight against climate change.

Blue World Technologies is an ambitious and visionary developer and manufacturer of methanol fuel cell components and systems for the automotive and heavy-duty transportation sectors and stationary applications around the world. The fuel cells act as a green alternative to combustion engines and diesel generators. Blue World Technologies was established on January 1, 2018 by Mads Friis Jensen, Mads Bang, and Anders Korsgaard in Aalborg, Nordjylland.

Boxbot’s proprietary software and hardware platform transforms package handling by making ordinary conveyors three-dimensional. Headquartered in Alameda, CA, Boxbot’s modular solution can store, sort, and sequence size-agnostic, high throughput payloads while requiring a minimal physical footprint. Boxbot is driving down the costs of last mile delivery by enabling faster, more intelligent, and denser routing of packages at the warehouse.

Arrive Recommerce is leading the resale market with a profitable, sustainable and scalable branded resale channel. Returns to Recommerce™ focuses on turning a cost center into a profit center by helping brands and retailers divert products such as non-new returns, excess inventory, and damaged inventory into a fully-branded revenue generating resale channel.  Arrive’s Recommence Management Technology, Recommerce Storefront Technology and Analytical Tools allow brands to drive more revenue, more customers and improve operational efficiency. Arrive collaborates with companies in adjacent verticals such as returns management, logistics, and ecommerce enablement to increase margin and value for our brands.  Arrive was named the 4th Most Innovative Retail Company by Fast Company in 2022. Notable partners include brands like YETI and Burton Snowboards.

WasteFuel generates sustainable fuels using technologies to address the climate emergency and revolutionize mobility. It utilizes scalable technologies to convert municipal and agricultural waste into low-carbon fuels including green methanol. It has developed innovative technology pathways to meaningfully improve yields and further reduce emissions.

Dexory captures real-time insights of warehouse operations using fully autonomous robots and Artificial Intelligence. Dexory is paving the way for AI and robotics to completely transform the world of logistics, automating data collection and building digital twin technology that unlocks insights across all levels of warehouse operations. It is a platform that delivers real-time information for the receiving, storing, and dispatch stages, allowing companies unprecedented access to their operations. The fully autonomous mobile and modular robots measure, track, and find goods across warehouses without workflow disruption. The data is fed real time into digital twins, allowing logistics and warehouses to quickly respond to operational challenges they face on a daily basis.

Kvasir Technologies is a firm that has created a game-changing method to manufacture environmentally acceptable fuel for difficult-to-abate industries.

Circular Carbon Chemistry is a chemical production company. They offer services that include e-fuels, quantum chemistry, circular economy, CO2 recycling, catalysis, green methanol, C1 chemistry, and carbon chemistry.

Ofload is a digital road freight platform that fully tackles inefficiencies. Ofload connects road freight to thousands of reliable carriers and manage it through technology. This means less waste and more data. Ofload manages end-to-end logistics fulfillment through technology, connects carriers with shippers helping shipments to be delivered quickly and affordably by taking up what would have been empty space in delivery vehicles, allowing businesses to have visibility of their shipments.

ISEE is an autonomous driving technology company building advanced AI to modernize the global supply chain. ISEE autonomous yard trucks are helping customers like Maersk, Lazerspot, and Fortune 100 retail companies automate their logistics hubs and achieve even greater yard safety, cost savings, consistent driving performance, and reliable driving capacity. With proprietary technology that anticipates unexpected behavior better than any other solution on the market.

Nabu unifies the whole customs declaration process on a single AI-powered platform, automating operations and empowering experts to drive critical decisions.

Isometric Technologies is a performance management solution for the supply chain industry.

Afresh is an AI-powered company selling software to track demand and manage orders for fresh produce in grocery stores.  The company is an operator of a fresh-first supply chain platform intended to handle the complexity of perishable categories for brick and mortar retailers and wholesalers. Its platform brings artificial intelligence and machine learning to forecast and ingest millions of data points to provide accurate item-level predictions of future demand to replenish recommendations that account for supply chain constraints and optimize for margin that enable clients to minimize waste, maximize freshness, and multiply business profitability. Afresh was established in 2017 in San Francisco, California by Matt Schwartz.

Vizion integrates and estimates data and observes tracking and monitoring for ocean freight, logistics, and supply chain industry. The company was founded in 2020 and is headquartered in San Francisco, California, United States.

Onomondo is a global cellular operator that offers wireless network for Internet of Things (IoT) devices. The company also provides a platform that offers interoperable cross-border connectivity and performance management without operator constraints. Additionally, it offers  developer-friendly products and tools for businesses to connect and merge different IoT networks and helps clients to securely deploy across the globe with a single network provider and without any risk of permanent roaming issues. As the platform includes a connectivity marketplace, enterprises can set priorities based on cost, coverage, and performance, supporting the platform to select an operator in any given location, at any given time. This feature prevents operator lock-in by offering the freedom to control precisely which networks devices connect to and also gives enterprises the flexibility to balance the quality of coverage and cost-optimization. Onomondo was founded in 2012 and is headquartered in Copenhagen, Hovedstaden, Denmark.

Again is building a decentralised network of automated, micro-cleaning facilities called CleanCell

SpaceFill is a B2B on-demand warehousing marketplace. They help companies looking for short term warehousing needs to find the perfect match. On the other hand, warehouse owners can rent unused space in their warehouse to other companies for short term needs. They want to offer warehousing as a service and make logistics fully flexible. Their clients are retailers, e-commerce startups, logistics services providers (3PLs) and many companies in need of flexible warehousing space (for instance, seasonal businesses in need of a flexible lease). Their partners range from 3PLs to industry leaders owning partially unused warehouses or independent businesses owning small warehouses.

7bridges is a smart logistics platform that delivers visibility and control over logistics processes. 7bridges unifies data and operations and enables access to a global supplier ecosystem to make world-class, sustainable logistics operations a rapidly achievable reality. The 7bridges platform realizes future-proofed, sustainable logistics as a scalable, competitive, profit and growth driving edge.

Spoiler Alert is a Boston-based software company helping perishable CPG brands manage excess and slow-moving inventory. Working exclusively at the manufacturing plant or distribution center level, Spoiler Alert offers a best-in-class B2B sales platform that enables food & beverage brands to manage their liquidation processes across a private network of discount retailers and nonprofit channels - with a heavy focus on maximizing value recovery, strengthening customer relationships, and increasing the effectiveness of supply chain managers tasked with handling these typically manual sales processes. Founded by alumni of MIT, Spoiler Alert works with some of the world's largest brands, including Campbell's, Danone, HelloFresh, KeHE Distributors, and Kraft Heinz, along with a growing network of discount channels committed to increasing affordable food access and reducing food waste.

Vertoro transforms woody and agricultural residues into a wide range of bio-based chemicals, materials, and fuels.

Huboo is an eCommerce fulfilment partner using great people and smart technology to enable businesses to grow. We came to market because we could see an opportunity to do things differently. Our unique hub model creates service-led micro warehouses, putting people at the heart of an industry not known for it. For our clients that means higher quality service, and a human approach supported by flexible, end-to-end technology. We enable startups and SMEs to outsource the complications of fulfilment, effortlessly integrating with the world’s most popular sales channels and marketplaces.  For large and enterprise businesses, our tailored solutions adapt to the speed and scale modern business demands, driving efficiency and growth. From our technology, to our warehouses, to our people, we help your business grow in the right way. Businesses grow with Huboo

Wiliot is bringing connectivity and intelligence to everyday products and packaging; things previously disconnect from the Internet of Things. The Wiliot Platform combines cloud services and IoT stickers, computing elements that can power themselves by harvesting radiofrequency energy. This revolutionary mixture of cloud and semiconductor technology is being used by some of the world’s largest brands, food, and pharmaceutical companies to change how we make, distribute, sell, use and recycle products.

Trella is a platform that connects shippers to carriers.  Trella offers services and technology to empower drivers, improve their efficiency, boost their earnings and utilization as well as creating job opportunities.  Trella aims to reduce costs for shippers, introduce a transparent pricing structure and provide them with a more reliable source of carriers. All the while allowing them to track their shipments in real-time as well as report key insights on their transportation trends and performance.

Einride is a freight technology company providing digital, electric, and autonomous shipping. It was founded in 2016 and became the world’s first company to operate an autonomous, electric freight vehicle on a public road in 2019. Einride´s award-winning technology and products enable users to execute on electrification and automation, order and track shipments, oversee routes and assignments, visualize data and gain insights.

Torch is designing a wireless router that can filter content and help schedule kids’ internet use, all with one device. Torch is also giving parents visibility into how their kids use the internet in order to stimulate conversations at home. Where a child goes online says a lot about who they are and who they are becoming. Parents should feel empowered to help their kids lean into the discoveries that technology affords, not feel threatened or powerless to them. With Torch, parents can manage all the connected devices in the home through one point--the router. Setup and management is easy and intuitive. No network engineering degrees required. Parenting in the digital age doesn't ever need to be in the dark again.

They believe there is a better way to do logistics. A more valuable, less invasive way where customers are earned rather than bought. They are obsessively passionate about it, and their mission is to help people achieve it. They focus on connecting people and solving problems. It's one of the least understood and least transparent aspects of freight, and we see that as an opportunity: They are excited to simplify logistics for everyone through our technology, experience , and service.

Baton is the Silicon Valley based technology innovation lab for Ryder, a Fortune 500 logistics company that owns 260k trucks and manages $7.4B of freight. Before being acquired by Ryder in September, 2022, Baton was a venture backed start up that was voted the #4 most disruptive company in freight! (Amazon was #3) Our mission is to eliminate waste in supply chain by creating a digital platform that uses AI to improve how freight is planned. There are 500 million hours wasted in trucking each year, over 3 billion gallons of fuel wasted per year from trucks idling, and 1 in 5 trucks on the road driving empty at any given point. This has a massive impact on the environment, the lives of millions of drivers, and ultimately, the cost of transportation that we all pay.

Loadsmart helps shippers move their freight fast and Carriers keep trucks full. The company’s online platform enables users to get quotes, book trucks, and track their freight from pickup to delivery. Loadsmart was founded in 2014 by Felipe Capella and Ricardo Salgado and is based in Chicago, Illinois, United States.

Forto was founded in Berlin in 2016 under the name FreightHub by Erik Muttersbach and Michael Wax. The company develops groundbreaking, scalable, digital logistics technology and services that go beyond transportation from point A to point B. The easy to use and intuitive platform allows their customers to optimize and, therefore, own their entire global supply chain processes.  With over 2,000 customers and 9 global offices, Forto currently employs 200+ people. They are passionate about global trade, and aim to increase global prosperity while driving sustainability. Forto is a brand of FreightHub GmbH.

Since 2016, CALA's mission has been to provide access to best in class digital infrastructure that enables the fashion industry to streamline the way that it works. Through its web-based platform and mobile app, CALA customers can collaborate on design, fabric selection and product development, and are instantly connected to a highly vetted global network of manufacturing partners. In addition, CALA handles inbound logistics and the post-purchase experience, including fulfillment and customer service.

Unmade are changing fashion design and manufacture. By controlling industrial knitting machines in a new way, the startup can make a different garment every time turning these machines into 3D printers for clothes, but using high quality, natural fibres instead. Launching this winter in Somerset House, Unmade gives customers the chance to remix the work of prominent artists and designers to create their dream jumper that is then made in front of them. Customers can also see their designs on models before sending to knit with Unmade’s unique preview technology. No-one else has been able to offer custom production in knitwear due to the high programming cost. Unmade’s patent-pending technologies remove this cost and makes one-off production possible at a similar cost to local mass production.   Through Unmade, brands can then offer bespoke, customised or limited edition knitwear to their customers. Using the same machines as major brands such as Burberry or Benetton, Unmade is running factory trials early next year to prove their technologies at an industrial scale.   Unmade’s long-term aim is to create a platform and marketplace through which brands and small designers can offer custom clothing to their customers and taking the mass custom production of knitwear to an industrial level.

HUUB is a logistics and tech platform for Fashion brands. It supports all sales channels: eCommerce, wholesale, own and franchising stores and marketplaces. Combines tracking, returns and customer support services to deliver a distinctive customer experience. Also provides seamless integrations with eCommerce platforms and shipping providers to create an ecosystem that simplifies hard and manual processes. HUUB's global presence is shown by the number of brands quickly acquired across the globe. More than 30 brands, from 3 continents, in Fashion & eCommerce industries, already have their full supply chain being orchestrated by HUUB. It is a data driven company, being Artificial Intelligence one of the core competences. An optimization model is managing the complex supply chain of its brands. It takes decisions about stock allocation across channels, inventory levels in each Hub/RDC, resources and capacity allocation in the network. HUUB applies Machine Learning models to do forecasting and logistics operations, p.e. pack set optimization.

ZigZag Global is a software platform to help retailers manage returns globally. It grades retailers returned products and offers consolidation, refurbishment, local redistribution, recycling, destruction, and reselling stock internationally on a revenue share basis. The ZigZag network connects over 200 local warehouses in 130 countries so customers can get faster refunds. E-commerce consumers return items back to retailers via an intelligent returns portal.  Returns take less than one minute, and customers send tracked returns by post, locker or courier from over 300,000 locations. Goods are sent back to a local warehouse and then ZigZag can scan, grade, consolidate or refurbish products to get them back into the supply chain more quickly.  Customers can be refunded in just 24 hours, and goods can then be returned, destroyed, donated or re-fulfilled to a new order or resold via marketplaces. ZigZag won the 2017 ShopTalk Startup award along with a 25,000 Euro prize. It also won the 2017 Sustainability Award in Milan, 2017 Innovation Award at IRX, StartUps 100 Winner 2017. 2016 Global award at the World Retail Congress in Dubai for innovation and were shortlisted for Innovation of the Year by Retail Week at the Tech and EComm Awards, Mark of Excellence - Disruptor of the Year 2016 - Supply Chain Awards, Winner at London Technology Week – GetInTheRing. ZigZag was founded in 2014 by Al Gerrie and Laurence Guy. and is headquartered in London, England, UK.

TeleSense is an Agtech company providing environmental monitoring and control solutions for the food and grain industry. Using an advanced suite of sensors, TeleSense provides grain managers with actionable insights about their stored grain, so that they can make storage decisions easily, quickly, and accurately. The easy-to-use sensors continuously monitor grain, and will automatically send alerts to the TeleSense app on their computer, smartphone, or tablet. They help manage risks in the world’s perishable commodities supply chain by using machine learning algorithms.  TeleSense also retrofits traditional temperature cables to make them wireless. Imagine never having to manually check your cables again, and having that information available 24/7, right at their fingertips. The company is digitizing the post-harvest grain supply chain using advanced Internet of Things, real-time environmental monitoring, and cloud-based artificial intelligence.  Whether assets are stationary or moving, TeleSense uses cloud-based technology to simplify monitoring. Their solutions help eliminate human error, improve operational efficiency, and increase profitability. It was founded in 2013 and is based in Sunnyvale, California, United State.

IncoDocs is secure export documentation software, built for modern small and medium businesses. IncoDocs provides a secure, faster way to work. Users securely store and reuse contacts and products to complete documents faster.  All document templates are aligned to UNLK standards to ensure global trade compliance.  IncoDocs provides file storage and smart search capabilities to get true visibility into Global Trade operations. The company was founded in 2016 by a team from the import/export industry.  IncoDocs is trusted by companies in over 120 countries.

Their goal is to finally enable worry-free food logistics for both food companies and carriers. They are making food logistics efficient and transparent. They build a platform that simply and digitally brings together food companies with a network of specialized carriers. They provide central technological applications for management and control. They help their partners to spare precious time and nerves during planning. They enable food companies to easily get goods from A to B whenever they need. They support carriers to fulfill their full potential and let them work together in a network so they can compete with the large industry players. Their combination of logistics and tech expertise together with their innovative and young startup spirit will make the food industry free of worries and more profitable for everyone. Their goal is to finally enable worry-free food logistics for both food companies and carriers. They are making food logistics efficient and transparent. They build a platform that simply and digitally brings together food companies with a network of specialized carriers. They provide central technological applications for management and control. They help their partners to spare precious time and nerves during planning. They enable food companies to easily get goods from A to B whenever they need. They support carriers to fulfill their full potential and let them work together in a network so they can compete with the large industry players. Their combination of logistics and tech expertise together with their innovative and young startup spirit will make the food industry free of worries and more profitable for everyone.

Startchy is a research and developing house industrializing a novel natural,organic and edible coating that the shelf life of fresh fruits and vegetables. The product doubles the shelf life of fresh produce by preserving color, reducing respiration, and reducing the transpiration rate in a temperature-controlled environment, similar to a modified atmosphere reduced to the scale of a fruit unit.

Frey connects world-class infrastructure with a data-driven trading mindset and expertise to develop reliable commodity flows at a competitive price. They collaborate with reputable producers and partners to source commodities with the quality that their customers require. They increase reach by efficiently creating new networks and unmatched solutions. They ensure safe and timely transport to meet their commitments and the expectations of their customers, while simultaneously optimizing flows, improving visibility and making business simple. They market products in Asia through their network and create value for their customers by providing reliable and cost-competitive solutions, acting as a credible partner in line with their values.

ImpactVision is an information technology company that specializes in machine learning, food technology, and sensors. It features a software platform that provides insights about the quality foods such as freshness and ripeness of foods. The company was founded in 2015 and headquartered in San Francisco, California.

Ripe.io is creating the Blockchain of Food  Their technology provides a distributed, shared system of trust needed for the food supply chain to profoundly change and improve industry goals for sustainability, spoilage reduction, safety, nutrition, and quality. Join us in this conversation about our food.

Clockwork Logistics Systems automates and process flow instrumentation that effectively digitizes the delivery of products across the global supply chain.  The platform includes Enterprise data integration with the existing operational system, cloud-based administrative interface, and a fully branded (white-labeled) and highly configurable 5-Star driver or receiver App.

Maersk Growth, the partner for external innovation of Maersk, is a corporate venture capital fund that invests in startups and new technologies to decarbonize transportation and shipping. The firm was founded in 2017 and is headquartered in Copenhagen, Denmark.

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