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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch

Ghost is coming out of stealth Tuesday with its approach to excess inventory with a marketplace approach that enables brands and retailers to buy, sell and price that inventory in a discreet, efficient and sustainable way. Naturally, they started in apparel but are also seeing opportunity in beauty and home goods.

Apparel 232
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Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M

TechCrunch

. “Even though brands were marking up their retail price at 75% to 80% margins, they were still making only around 8% to 10% profits and losing money due to high inventory wastage or going out of stock. They] struggled with … opacity due to multiple middlemen and their manufacturers being thousands of miles away.”

Fashion 192
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Cobalt launches from beta with a $2.8M seed to help creators launch products

TechCrunch

For those who want to design a custom product, like a tech-free children’s entertainment system , it costs $1000 to get the product designed through Cobalt. Creators can use Cobalt’s marketplace to connect with over 250 vetted experts in fields like design, sourcing, manufacturing, engineering and business. In Cobalt’s $2.8

Apparel 250
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How Celanese makes people central to its digital transformation

CIO

We partner with our customers to provide a solution across markets ranging from automotive, electronics, apparel, medical and pharma, and more. We’re also digitalizing the entire process so customers can see data specs and technical sheets, order intake and samples, and track.

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Announcing the startups and judges onstage at TC Sessions: Mobility 2022

TechCrunch

Koop Technologies (Pittsburgh, PA, USA) — Presenter: Sergey Litvinenko, co-Founder and CEO. “Koop Technologies is an insurance platform for autonomous vehicles and robotics. Before SAIC, she led the Corporate Venture Group at Maxim Integrated, where she led multiple strategic technology acquisitions and venture investments.

Mobile 190
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Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity

TechCrunch

What China’s new data privacy law means for US tech firms. It’s not just venture capitalists and Big Tech who are beefing up their presence in the region. Meet retail’s new sustainability strategy: Personalization. Smart packaging with IoT and distributed ledger technology. Walter Thompson. yourprotagonist.

Data 242
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Arive raises $20M for an instant delivery service beyond groceries and essentials

TechCrunch

Beyond that, white label services — where Arive might sell its backend technology and delivery infrastructure to third-party retailers to build their own instant delivery services — is another area that the company is considering, Fries said. Balderton is fortunate to be backing arive as it scales rapidly across Europe.”.

Retail 212