Dollars in cash.
Logistics technology startups are getting attention, and financial backing, from some tech sector heavyweights. The Wall Street Journal reports that supply-chain software business Noodle Analytics just raised $25 million from investors including the venture-capital arms of aerospace and industrial conglomerate Honeywell International and business-software company ServiceNow.
The new financing highlights the growing interest corporations have in startups they think can help streamline their operations since the pandemic began disrupting supply chains.
