By Dorothy Crouch | April 29, 2021
Supply-chain management continues to evolve and, at the forefront of that evolution, San Jose, Calif.’s Silq leads the way. Founded in March 2020 by Ram Radhakrishnan, the company’s chief executive officer, and Kate Alexander, vice president of operations, the company serves as a manager of production, extending the reach of a client brand’s sourcing and merchandising abilities by utilizing the expertise of local industry professionals in India; Guangzhou, China; and Ho Chi Minh City.
The Stockholm-headquartered payments company Klarna entered the United States market in 2015 as part of a wave of fintech companies that offered digital layaway programs. These technologies have been embraced by millennials and Gen Z.
NuORDER, a Los Angeles-headquartered business-to-business e-commerce platform announced March 10 that it had raised $45 million in a round of funding led by Brighton Park Capital and Imaginary Ventures.
Social marketplace Poshmark announced the appointment of William Ingham to fulfill the company’s new role of chief people officer.
Fillogic is a New York-based platform that builds and operates micro-distribution hubs at malls for retail fulfillment. The platform redevelops underused areas at malls and stores and turns them into fulfillment centers.
Founded during the college years of friends Miranda Wang and Jeanny Yao, the Menlo Park, Calif., BioCellection formed with a goal of developing processes to transform traditionally unrecyclable plastics into materials that could be upcycled into new products.
On-demand-printing and drop-shipping-fulfillment business Printful is scheduled to open a 93,000-square-foot facility in the Los Angeles area this fall, said Dairis Zarins, Printful’s director of operations.
Continuing its growth within the consumer-retail industry, the data-platform provider SoundCommerce announced $15 million in Series A financing, aligning with its expansion through hiring, platform capabilities and customer engagement.
Formerly known as BioCellection, Menlo Park, Calif.’s Novoloop announced Feb. 23 an extraordinary advancement in sustainable manufacturing with the launch of XIRC.
Joor, a digital-wholesale platform that serves as the technology partner for the Liberty Fashion & Lifestyle Fairs trade show, recently announced that its platform was going to become more user-friendly for financial transactions.
The Staten Island, N.Y.–headquartered retail-commerce software provider Celerant is affording retailers a comprehensive business-analysis tool.
With a mission of digitizing the apparel industry’s manufacturing capabilities, the Los Angeles–headquartered Tukatech has sought to automate one of the industry’s foundational tools—fabric cutters.
Fortifying its role as an Industry 4.0 technology leader, Paris-based Lectra announced its memorandum of understanding to acquire the entire capital and voting rights of Tolland, Conn., integrated-software-and-hardware-solutions provider Gerber Technology.
Since 2015, MySize Inc. has built a business on developing technology to enhance smartphone-measurement tools. One of its main products, MySizeID, is a smartphone-based body-measurement tool that was developed to help brands and retailers deliver ready-to-wear products that would best fit their customers.
Jehan Hamedi spent the past few years developing artificial-intelligence software that helps understand public opinion. The result of Hemedi’s efforts was a technology company called Vizit
NuOrder, a Los Angeles–headquartered business-to-business e-commerce platform, announced Jan. 25 that it has introduced NuOrder Payments.