There’s more money than ever for supply chain’s start-up stars

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Funding for logistics and supply chain start-ups doubled last over 2020, according to this report from McKinsey, although given that the number of cash-raising rounds remained, the money is coming into start-ups in ever larger chunks.

This means that certain firms are dominating cash inflows – $2.5bn for Indonesia’s J&T Express, $1.5bn for Lalamove, another billion for Flexport – and are also beginning to deploy these war-chests in M&A: $2.8bn was spent by star-ups in the US alone in 2021 on ...