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News / Investors pour millions into logistics innovators developing the latest tech

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Investors are continuing to back innovation in logistics, with at least three new companies receiving funding this week.

ClearMetal, which offers a “Continuous Delivery Experience” (CDX) platform, has received $15m from Palo Alto-based Eclipse Ventures in a funding round, bringing its total capital investment to $31m.

The company saw 400% revenue growth last year, doubled its workforce and added offices in New York, Chicago, Houston, London and Switzerland.

It says its platform gives customers an “Amazon-like digital experience in global freight transportation”, using proprietary machine ...

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