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

'It sets the stage': Three-year freight recession could boost trucking deals

1 week ago | axios.com | Colin Campbell

The soft market for truckers has extended into a fourth year, but some analysts see opportunities emerging. Why it matters: It's a chance to consolidate an industry responsible for hauling nearly three-quarters of U.S. shipments. What they're saying: "Transactions usually happen at soft periods of the market," Bank of America analyst Ken Hoexter tells Axios Pro.
Exclusive: Risk intelligence platform Supply Wisdom raises $14M Series B

1 week ago | axios.com | Colin Campbell

Risk intelligence platform Supply Wisdom closed a $14 million Series B raise led by Jurassic Capital, new CEO Jenna Wells tells Axios Pro exclusively. Why it matters: The company is already in talks to raise a Series C round, Wells says. What they're saying: "Those discussions have absolutely started," Wells says, though she declined to disclose a timeline or target amount for the next fundraise.
Supply chain tech startup Pelico closes $40M financing from General Catalyst

1 week ago | axios.com | Colin Campbell

Supply chain orchestration platform Pelico raised $40 million in strategic financing led by General Catalyst, co-founder Tarik Benabdallah tells Axios Pro. Why it matters: Fragmented supply chains restrict manufacturers' ability to make proactive decisions and rapidly respond to disruptions. Follow the money: Existing investors 83North and Serena joined General Catalyst in the financing round. Pelico has raised $72 million to date.
Exclusive: Sojo Industries closes $40M in financing from S2G Investments

2 weeks ago | axios.com | Colin Campbell

Automated packaging startup Sojo Industries closed $40 million in financing from S2G Investments, CEO Barak Bar-Cohen tells Axios Pro exclusively. Why it matters: The investment is expected to provide the Bristol, Pennsylvania-based company a bridge to profitability, Bar-Cohen says. The big picture: Packaging requirements and consumer preferences have shifted in recent years, and packers often operate on thin margins.
Exclusive: Automated wiring assembler Q5D raises $13.5M Series A from Lockheed Martin

2 weeks ago | axios.com | Colin Campbell

Q5D, an automated wiring harness assembly startup, closed a $13.5 million fundraise co-led by Lockheed Martin Ventures, CEO Stephen Bennington tells Axios Pro exclusively. Why it matters: The Bristol, United Kingdom-based startup expects to seek an additional $4 million to $5 million in corporate investment this year, Bennington says. What's next: Q5D is targeting a Series B raise in the tens of millions in the next two years, Bennington says.
Exclusive: Warehouse AI tech provider Kargo closes $18.4M raise

3 weeks 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

3 weeks 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

3 weeks 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

4 weeks 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 month 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.