Drones will 'push the boundaries of what is possible' in air cargo
UPS feeder airline Ameriflight is to purchase 20 Natilus Kona cargo drones, swelling the orderbook ...
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 acquisitions.
All of which is attracting increasing attention from big money private equity: “Private equity (PE) funds are also entering the arena and increasing the drive to fast and successful exits—through IPOs, for example. Analysis of the start-up sample shows that PE funding increased by 167% between 2020 and 2021, far above the overall funding increase of 95%. As more VCs exit successfully, they leave space for larger funds to invest.”