Colin Campbell

Washington, D.C., United States

Supply Chain Deals Reporter at Axios

@TruckingDive senior reporter, covering LTL & EVs. Previous: @SupplyChainDive & @BaltimoreSun transportation beat. How bout dem O's? [email protected]

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Articles

Exclusive: Warehouse AI tech provider Kargo closes $18.4M raise

1 day ago | axios.com | Colin Campbell

Warehouse inventory AI tech startup Kargo closed an $18.4 million strategic investment led by Matter Venture Partners, CEO Sam Lurye tells Axios Pro exclusively. Why it matters: Inventory management is an area of the supply chain AI can modernize away from its current dependence on spreadsheets. Follow the money: Sozo Ventures and Founders Fund joined in the raise, along with existing customers and strategic investors Lineage and Armada Supply Chain Solutions.
Exclusive: Logistics safety startup Voxel raises $44M Series B

4 days ago | axios.com | Colin Campbell

Logistics safety startup Voxel closed a $44 million Series B led by NewRoad Capital Partners, CEO Vernon O'Donnell tells Axios Pro exclusively. Why it matters: It gives San Franscisco-based Voxel three years of runway to reach breakeven or accelerate growth and raise again, its CEO says. How it works: The software integrates into existing security cameras, using AI to identify in real time — and increasingly predict — workplace hazards.
LuminX closes $5.5M seed round for logistics, warehousing AI

5 days ago | axios.com | Colin Campbell

Axios Pro Exclusive ContentIllustration: Aïda Amer/AxiosLogistics and warehousing AI startup LuminX closed a $5.5 million seed round to scale its intelligence system, CEO Alex Kaveh Senemar tells Axios exclusively. Why it matters: LuminX's post-money valuation is close to $30 million, according to a person familiar with the deal. Zoom in: 1Sharpe, GTMFund, 9Yards, Chingona Ventures and the Bond Fund participated.
Tariff whiplash unlikely to stimulate supply chain deals

1 week ago | axios.com | Colin Campbell

Axios Pro Exclusive ContentIllustration: Sarah Grillo/AxiosPresident Trump's "reciprocal" tariffs are back on, at least for now. Why it matters: Supply chains dealmakers already had been holding back, and it's tough to imagine the latest whiplash will coax them off the sidelines. What they're saying: "Pandora's box has been opened so there's not going to be a fast 'going back to the old norm' at this point," Dynamo Ventures managing partner Santosh Sankar tells Axios.
Exclusive: Logistics software startup Pallet closes $27M Series B

1 week ago | axios.com | Colin Campbell

Pallet, a transportation and warehouse software startup, closed a $27 million Series B raise led by General Catalyst, CEO Susanth Raman tells Axios exclusively. Why it matters: Automating administrative tasks to reduce spend is an even higher priority amid tariff disruption and tightening budgets. Context: General Catalyst previously invested in trucking fleet management system Samsara and other startups like Veho, Clarium and Jeh Aerospace.
Concert logistics firms yield high-ticket deals

2 weeks ago | axios.com | Colin Campbell

Axios Pro Exclusive ContentIllustration: Aïda Amer/AxiosDealmakers have taken note of the massive logistics operations required to support tours by superstars like Beyoncé and Taylor Swift. Why it matters: After the pandemic lull, major tours are back in full swing, requiring trucks and workers to haul stages, lights, equipment and fireworks. State of play: There have been at least three major tour logistics deals in the last 12 months.
Trade finance startup Secro reaches $30M valuation with $10M Series A raise

2 weeks ago | axios.com | Colin Campbell

Secro, a cross-border trade finance platform, raised a $10 million Series A round at a $30 million post-money valuation, CEO Michele Sancricca tells Axios exclusively. Why it matters: The startup aims to make an acquisition early next year and has begun conversations about a Series B raise, Sancricca says. What they're saying: "The Series A goes to organic growth," he says.
Supply chain risk platform Tradeverifyd valued at $40M after $12M raise

2 weeks ago | axios.com | Colin Campbell

Axios Pro Exclusive ContentIllustration: Shoshana Gordon/AxiosTradeverifyd, a supply chain risk management startup, is valued at $40 million after its $12 million Series A raise, CEO Michael Prorock tells Axios exclusively. Why it matters: Tradeverifyd has already begun to line up investors for a $20 million Series B raise in early to mid-2026, Prorock says. Follow the money: SJF Ventures invested an additional $4 million in the startup on top of an $8 million raise, the firms announced Wednesday.
FedEx picks permanent CEO for FedEx Freight spinoff

2 weeks ago | axios.com | Colin Campbell

Axios Pro Exclusive ContentA FedEx Freight truck on a street in Manhattan on July 16, 2024. Photo by Beata Zawrzel/NurPhoto via Getty ImagesJohn Smith, FedEx Freight's interim leader, has been selected to permanently head the parcel giant's less-than-truckload unit through its spinoff next year. Why it matters: The spinoff, expected by June 2026, will rock the trucking industry by untying the nation's largest LTL carrier from its corporate parent.
In M&A deal, UPS helps Stord challenge Amazon

2 weeks ago | axios.com | Colin Campbell

Axios Pro Exclusive ContentIllustration: Allie Carl/AxiosE-commerce fulfillment startup Stord acquired UPS subsidiary Ware2Go in a deal that includes a two-year sales and shipping partnership with UPS, Stord CEO Sean Henry tells Axios. Why it matters: Stord touted a $200 million fundraise last week as it scales to take on Amazon, offering tech and fulfillment to mid-level merchants.