Happy Friday. 

Scheduled Shipment brings you latest updates in supply chain, logistics, and global commerce.

Top News

Container lines see Red Sea-driven rate rebound after a disappointing Q4.

Walmart and Amazon expand drone delivery.

Maersk is using rail to circumvent drought-ridden Panama Canal.

Mid-Size Fundings

Impact Analytics, a nine-year-old New York startup that provides a supply chain planning and merchandising suite for retailers, grocers, and CPGs, raised a $40m growth round led by Sageview Capital with participation from Vistara Growth. More here.

Sway, a four-year old-Los Angeles based startup that provides an ecommerce delivery and returns system, raised a $19.5m Series A led by 7GC & Co. More here.

Recurrent, a four-year-old Seattle startup that provides EV battery analytics to shoppers and car dealerships, raised a $16 million Series A round led by ArcTern Ventures and including Automotive Ventures, Goodyear Ventures, Wireframe Ventures, and Pioneer Square Labs. The company has raised a total of $19 million. GeekWire has more here.

Wave BL, a nine-year-old Wilmington, DE startup that provides a digital trade document platform, raised an additional $11m, bringing its NewRoad Capital-led Series B funding round to a total of $37m. More here.

Noodle.ai, an eight-year-old San Francisco startup that provides AI-based supply chain planning, raised a $10m funding round led by Dell Technologies Capital, with participation from TPG Growth. More here.

Smaller Fundings

Maalexi, a three-year-old Wilmington, DE startup that provides a cross-border marketplace for importers and exporters, raised a $3m Pre-Series A led by Global Ventures. More here.

Patchworks, a nine-year-old startup based in Nottingham, UK, that helps retailers connect and manage different data streams, raised a $2.2 million round. Gresham House Ventures led the investment. The company has raised a total of $13.4 million. More here.

Events

Jan 23 2024: Gen AI in eCommerce

• Location: Virtual

• Time: 4-6pm

• Description: As the e-commerce landscape rapidly evolves, the role of General AI (Gen AI) is becoming increasingly significant. This two-hour online event is dedicated to exploring how Gen AI is revolutionizing the eCommerce sector by moving beyond traditional predictive algorithms to embrace more comprehensive and holistic decision-making approaches.

Feb 22 2024: re:Forge Manufacturing Startup Showcase

• Location: San Francisco

• Time: 6-8pm

• Description: Schematic Ventures is excited to host our next manufacturing startup showcase! During the event, the founders of San Francisco's top manufacturing startups will answer questions about their companies and the complexities of building and operating in the space.