NOTED [ IN FOCUS ]
The Supply Chain in Brief
> INVESTMENTS
> GOOD WORKS
n Silicon Valley venture studio NEC X made a strategic investment in SeafoodAI, a startup enabling sustainable seafood with real-time biometric data and AI-powered traceability.
n 1Logtech, a no-code integration platform purpose-built for transportation and logistics, closed a $1.5-million seed funding round led by North Coast Ventures, with additional participation from Queen City Angels and other investors. n Optilogic closed its Series B funding round, led by NewRoad Capital Partners, with participation from MK Capital and Moore Strategic Ventures. Optilogic’s cloud-native platform empowers businesses to model and optimize complex supply chain scenarios. n Atomic, an AI-powered platform, closed a $3-million seed round that included DVx Ventures, the company creation platform run by former Tesla president Jon McNeill, and Madrona Ventures, a venture capital firm known for backing Amazon, Snowflake, and Smartsheet. n Vallor, an AI-agent platform that puts procurement contracts on autopilot, completed a $4-million seed round led by Dynamo Ventures with Bloomberg Beta as a co-lead, with participation from Liquid 2 Ventures, El Cap Ventures, and Rock Yard Ventures.
• DHL Global Forwarding successfully transported the world’s first mobile heart clinic for children to Burundi. The mobile clinic provides life-saving cardiovascular surgeries for children with congenital heart diseases.
> UP THE CHAIN
4flow appointed Greg Toornman , AGCO
Corporation’s former global vice president of materials management, logistics and demand planning, as strategic advisor.
MGX Beverage Group, a supply chain and logistics company specializing in the alcohol beverage industry, expanded its executive team with two new appointments. Strategic financial advisor Randy Leeder (top) joined the team as chief financial officer and Rob Bradshaw
> RECOGNITION
• Hyster’s hydrogen fuel cell-powered ReachStacker was named a transformative product in the 2025 BIG Innovation Awards. The lift truck uses a hydrogen fuel cell engine to convert hydrogen into electricity.
was tapped as chief commercial officer.
12 Inbound Logistics • May 2025
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