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RetailReady, a Y Combinator alumnus, secures $3.3 million in funding for its innovative AI-based warehouse application, revolutionizing the potential of reducing costs for businesses.

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Co-founders Elle Smyth and Sarah Hamer came up with the idea while working together at supply chain unicorn startup, Stord. “We met each other and bonded over our love for the supply chain industry,” Smyth told TechCrunch. Warehouse workers have to reference “phone book-sized” manuals of how to ship items to retailers, like Target and Walmart. If shipping/warehouse workers don’t pack these items correctly, retailers will charge the brands fees, known as a chargeback. RetailReady replaces those manuals with a digital version that gives workers a directed workflow on how to pack an order correctly.

Leveraging Diagon’s Expertise in Tesla’s Supply Chain to Boost Small Businesses

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It was while sourcing manufacturing equipment for Tesla factories that Will Drewery drew inspiration for Diagon, a startup that helps manufacturers procure equipment. Companies in fields like automotive and aerospace can identify qualified suppliers from Diagon’s network of equipment suppliers, system integrators and service providers. East Coast originsThe journey to Diagon for Drewery, who spent most of his career as an equipment buyer, started in Pittsburgh. “This is why I felt the market needs a Diagon,” Drewery said. “Now we are developing tools that help customers find suppliers better or help them interpret and summarize quotes better,” Drewery said.

. “Revamping the Supply Chain of Recycled Wood: Cambium’s Mission”

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The global demand for wood could grow by 54% between 2010 and 2050, according to a study by the World Resources Institute. While some building materials like steel get consistently recycled back into the supply chain, wood does not. Cambium looks to build the supply chain that keeps wood from being wasted by connecting those with already-been-used wood to the businesses and folks that need it. “We’re building a better value chain where you can use local material, you can use salvaged material, and all of that is connected through our technology,” Christensen said. And we do that in a really efficient and cost competitive way.”Demand for more sustainable wood has been growing in recent years, Christensen said, but before Cambium there wasn’t a good system to find the recycled wood.

Zomato’s Rapid Rise to Supreme Quick Commerce in India with Blinkit

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Even as quick commerce is slowly fading in many markets and several heavily-funded startups have folded in the past two years, India is emerging as a striking outlier where the model remains vibrant. Zomato’s Blinkit leads the quick commerce market in India, having cornered as much as 46% of the market share by GMV in the quarter that ended in December, according to a new analysis. Reliance Retail-backed Dunzo, which pioneered the quick commerce model in India, has virtually lost its entire market share. However, the long-term sustainability of the quick commerce model remains to be seen. Flipkart is weighing entering the quick commerce market by as early as May this year, TechCrunch reported last week.

Bitcoin Reaches Record-Breaking High of Over 69,000

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The digital currency hit a new all-time high for the first time since November 2021 when it passed $69,000 on Tuesday morning, as demand surged in recent weeks following the spot bitcoin ETF approvals in the U.S. and the pending bitcoin halving in late April. Bitcoin halving, which is usually referred to as “the halvening,” is a periodic decline in bitcoin mining rates, which means the number of bitcoin miners can potentially get for each block mined is cut in half. This process is meant to control the supply of bitcoin over time and once the number of bitcoin in circulation hits 21 million, its total supply, the process will end. The price jump increase is also being driven by the 11 spot bitcoin ETFs the U.S. Securities and Exchange Commission approved in January. The total market cap across the spot bitcoin ETF products is $53.74 billion, according to Blockworks data.

Creating the Carbon Project Developer’s Operating System: The BlueLayer Perspective

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Meet BlueLayer, a new European startup that is building a software platform specifically designed for carbon project developers. This system of carbon offsetting with carbon project developers is sometimes also called beyond value chain mitigation. BlueLayer acts as the software backend for carbon project developers. BlueLayer aims to focus exclusively on project developers. You might think that there is a limited pool of potential clients, but BlueLayer has already held talks with over 200 carbon project developers.

Elo Life Systems Secures Additional $20.5 Million for Launching of Monk Fruit Sweetener

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A year after securing $24.5 million in Series A capital, ingredient company Elo Life Systems is back with a $20.5 million Series A extension from existing investors. This new cash infusion gives Elo Life $45 million in venture-backed capital to date. North Carolina-based Elo Life was founded in 2021 and is focused on a number of technologies from developing plant-based sweeteners to crop protection. Its first product, launching in 2026, will be a natural, monk fruit-derived sweetener that Elo Life touts is 300 times sweeter than sugar without the calories. Simply put, it uses plants as “biofactories” to produce the monk fruit sweetener in other easier-to grow-crops, like watermelons and sugar beets.

The Ongoing Struggle: Enterprise Software Supply Chain Security

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Log4j, maybe more than any other recent security issue in recent years, thrust software supply chain security into the limelight, with even the White House weighing in. Some of those may be in libraries that aren’t even used when the container is in production, but they are vulnerabilities nevertheless. According to Slim.ai‘s latest Container Report, the average organization now deploys well over 50 containers from their vendors every month (and almost 10% deploy more than 250). Yet only 12% of the security leaders who responded to Slim.ai’s survey said they were able to achieve their own vulnerability remediation goals. Most companies see some disruptions multiple times a week because they detect a vulnerability in a production container, for example.

Cybercriminals compromise Ledger crypto wallet in sophisticated supply chain attack

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Hackers compromised the code behind a crypto protocol used by multiple web3 applications and services, the software maker Ledger said on Thursday. The company says it has sold six million units of its hardware wallet, and Ledger Live, its software equivalent, is used by 1.5 million users. That would allow the hackers to drain the crypto inside users’ wallets — so long as the users accepted the push to connect their wallets to the malicious Ledger version. ZachXBT, a well-known independent crypto researcher, wrote on X that one victim had more than $600,000 in crypto drained from their account. Several blockchain security researchers, as well as people who work in the web3 industry, warned users on social media of the supply chain hack against Ledger.