MassChallenge is a non-equity startup accelerator headquartered in Boston, Massachusetts, with additional locations in Israel, Mexico, Switzerland, Texas, and the UK. Founded in 2009, it focuses on fostering innovation and entrepreneurship by supporting high-potential startups across various industries globally. MassChallenge provides expert mentorship, a tailored curriculum, and access to corporate partners without taking any equity from the startups. Its programs, including specialized initiatives like MassChallenge FinTech and MassChallenge HealthTech, aim to facilitate partnerships between startups and established companies to drive innovation and growth. To date, MassChallenge has helped over 1,200 alumni raise more than $2 billion in funding and create over 65,000 jobs, demonstrating its significant impact on the global innovation ecosystem.
Procurance is a solution that helps manage the sustainability of brands, retailers, and other value-chain partners' supply chains. It combines intelligent web and mobile-based tools, developed using globally-aligned metrics and methodology for risk detection, advanced analytics that combine micro-data with satellite data (e.g. deforestation maps) to provide actionable insights to procurement, marketing, and sustainability managers.
Developer of a traceability platform intended to improve the overall efficiency, transparency, and sustainability of the seafood supply chain. The company's platform offers real-time condition monitoring, water quality monitoring, cold chain logistics and automated traceability and manages purchases and accounts of bait fuel and other critical supplies, helping suppliers and distributors to promote sustainable practices, streamline operations and facilitate compliance with industry regulations.
Nile Agro Value Chain is an agribusiness startup in agriculture that identifies the set of actors and activities that bring a basic agricultural product from production in the field to final consumption, where at each stage value is added to the product. Nile Agro value Chain achieves this through vertical linking or a network between various independent business organizations and by involving them into food processing, packaging, storage, transport and distribution. The startup also engage in traditional agricultural value chains by generally through spot market transactions involving a large number of small retailers and producers. The venture also characterize agriculture value chain by vertical coordination, consolidation of the supply base, agro-industrial processing and use of standards throughout the chain. The venture achieves its mission in agriculture value chain through agricultural mechanization, traditional farming, farm portfolio investments, interstate trade of agricultural commodities, online trade of food produce through its online marketplace, aggregating farmers into a multipurpose cooperative society, linking farmers to off-takers, contract farming, food processing, providing extension services and collaborating with different stakeholders in the agriculture value chain in Uganda,Africa and beyond. We are currently working with over 1,200 farmers in Ibanda District aggregated or organized under our farmers groups and cooperative society.
Patturn is a web-based inventory management software that allows resellers to tackle the complexities of customer returns. The end-to-end software includes the following features: purchase orders management, inventory management, warehouse management, sales channel management, order management, and business intelligence. In addition to this, our software has the unique capability of processing customer returns. Returns management is the process of taking returned/distressed inventory and recapturing its lost value. Through data-driven metrics, our system is capable of helping you make the best decision to maximize recovery. In addition to this, it allows resellers to store their inventory in a variety of conditions (i.e. new, used, refurbished, open box). Our goal is to help resellers make smarter decisions when processing customer returns. The key objective is working to improve productivity in the reseller’s operations and warehouses. Our system will provide a step-by-step guide of where to begin once a return enters their warehouse. When a customer returns an item, there is a loss of profit that must be taken into account to maintain a high standard of customer satisfaction. However, our program will be beneficial to many resellers by recapturing some of that lost value. In addition to this, resellers can adjust the software to their unique business needs. They will be able to modify the software in a way that best suits their business such as how they want to process returns, ship out orders, and select specific sales channels they want to be present on. Lastly, we believe in creating a new norm that values social responsibility and sustainability. Resellers will find a better way to reprocess their returns instead of sending them into landfills where waste will continue to increase and cause harm to our environment.
Relay Trade Solutions specializes in digitizing and enhancing the supply chain for domestic bulk commodity shipments. The company offers a collaborative web and mobile platform that facilitates the management of the shipment process from order to settlement. This platform enables users to create and manage orders, receive real-time status updates, and store essential documents, thereby streamlining the entire supply chain ecosystem. By connecting shippers, carriers, drivers, and various points of origin and destination, Relay Trade Solutions helps clients reduce error rates and redundancy, increase staff productivity, and expedite payment processes, ultimately providing quality logistics automation services.
Developer of novel industrial packaging systems designed to minimize logistics inefficiencies, increase sustainability, and digitize supply chains. The company offers reusable modular industrial packaging systems that attach from any direction to create any required size box and can be used for high load capacity for heavy-duty cargo transportation and high handling convenience, enabling clients to transform one-time-use consumable industrial packaging material into intelligent assets, orchestrating an effective circular economy.
Map Tag is a logistics software platform designed to help businesses optimize and manage their delivery operations. The platform offers various modules that provide real-time visibility into logistics processes, allowing users to monitor their units and optimize route planning. Its features include an analytics system, a route optimization engine, and tools for gathering customer feedback, which collectively enhance the delivery experience and improve operational efficiency. By utilizing Map Tag’s software, companies can reduce delivery times, lower resource consumption, and minimize logistics costs, ultimately regaining control over their logistics operations from a centralized interface.
Developer of fleet management and route planning platform designed to handle logistics and distribution by saving costs while meeting service standards. The company's platform offers delivery, distribution, truck, and transport management and features the ability to track KPIs and metrics such as late deliveries, loaded and empty mileages, saved miles, and more, enabling businesses to reduce the cost of logistics management and integrate automation.
ConsolHub is an online pricing and booking system for ocean consolidated shipments. Consolhub was created to simplify the search, access and booking of consolidated cargo. It simplifies and automates the logistics process Consolhub platform provide instantly to the shipper a range option in terms of the shipping companies (consolidators), departure dates, transit days, routes and price. The platform (consolhub.com) allows buyers to search for routes, pricing, itineraries and, then, securely book and upload all the documentation required. The advantages to the shippers (buyers) from using Consolhub include: • Time savings: less phone calls and emails to get the best options • 24/7 service: an online platform to book 24/7, where all the processes are automated and documents are managed online, saving more time and reducing errors • Access to better prices
GenLots SA, founded in 2017 and based in Chexbres, Switzerland, specializes in developing an artificial intelligence software-as-a-service (SaaS) platform tailored for industrial companies that process raw materials into final products. The company's core technology, known as the Artificial Supply Chain Brain, leverages machine learning to enhance supply chain operations. By integrating real-world data from enterprise resource planning systems, the platform provides on-demand recommendations to optimize purchasing strategies for industrial firms that procure raw materials in large quantities. These recommendations aim to decrease the frequency of order transactions, lower inventory levels, and capitalize on pricing advantages such as quantity discounts. Implementations of GenLots' technology have demonstrated significant cost savings, with major industrial clients experiencing reductions in total purchasing costs by up to 10%.
Shipit is a platform that simplifies the shipping process adapting the tech solutions of the courier companies with any ecommerce platform. Through its service, Shipit is able to: generate shipping labels automatically, provide tracking of the orders and give access to shipping rates with an up to 50% discount with the leading courier companies (DHL, FedEx, Estafeta, etc.). Shipit helps ecommerces grow their business by taking care of their shipping needs.
FoodBlockchain.XYZ is building Food Supply Chain 2.0: through the combination of sensor systems, blockchain and smart contracts Food Blockchain XYZ can assure quality, safety and origins of food throughout the entire supply chain. Smart Contracts powered by their crypto-token Foodcoin will promptly and transparently resolve any financial disputes, allowing creation of new commercial relationships and financial innovation within the food supply chains.
At the Ambrosus project they aim to radically improve the global supply chains by creating a trusted ecosystem where they can reliably record the entire history of products and execute commercial transactions accordingly. They seek to enable a more secure and autonomous supply chain, improve distribution processes and allow consumers to easily see where their products come from and what is really in them. They invite you to learn more, and to stay tuned as they provide more information over the next few months.
Hive Maritime is reducing congestion in shipping lanes and ports around the world through the latest predictive analytics, operations theory, and machine learning technology. Their solution provides ship owners and operators with route optimization tools that will save over $26 Billion in operational expenses alone. By predicting the future location of ships, Hive Maritime also provide charterers and brokers with advanced intelligence on route profitability, cutting up to 10% from total voyage costs and enabling more accurate cargo arrival predictions, enhancing supply chain optimization.
Loginno Logistic Innovation Ltd. specializes in developing container tracking software and smart shipping devices aimed at transforming traditional shipping containers into IoT-enabled assets. Established in 2010 and headquartered in Hevel Modiin, Israel, the company offers a solution called On-Schedule, which provides real-time monitoring and records critical conditions for containers, such as location, temperature, and any irregularities during transit. By partnering with shipping companies, Loginno aims to create a comprehensive Internet-of-Shipping-Containers infrastructure that allows for efficient data mining of cargo and voyage information. This data is accessible through a cloud-based service to various stakeholders, including carriers, cargo owners, and insurers. One notable collaboration is with Log-In Logistica Intermodal, which has committed to converting its entire fleet to smart containers, marking a significant step in digital shipping innovation.
Wise Systems Inc. develops autonomous dispatch and routing software designed to enhance the efficiency of last-mile delivery operations across various industries, including food and beverage, courier, and field service. Founded in 2014 and based in Boston, Massachusetts, the company leverages machine learning to optimize fleet performance and improve customer service. Its platform includes tools such as Scheduler for creating dynamic route plans, Dispatcher for real-time monitoring of delivery progress and performance metrics, and a Customer Portal for tracking orders with accurate ETAs. The software processes millions of data points to make intelligent, real-time decisions, resulting in significant mileage reductions, increased fleet utilization, and a substantial decrease in late deliveries. Wise Systems aims to help customers better manage their delivery logistics by providing flexibility and optimizing routes, thereby enhancing overall operational efficiency.
Wise Systems Inc. develops autonomous dispatch and routing software designed to enhance the efficiency of last-mile delivery operations across various industries, including food and beverage, courier, and field service. Founded in 2014 and based in Boston, Massachusetts, the company leverages machine learning to optimize fleet performance and improve customer service. Its platform includes tools such as Scheduler for creating dynamic route plans, Dispatcher for real-time monitoring of delivery progress and performance metrics, and a Customer Portal for tracking orders with accurate ETAs. The software processes millions of data points to make intelligent, real-time decisions, resulting in significant mileage reductions, increased fleet utilization, and a substantial decrease in late deliveries. Wise Systems aims to help customers better manage their delivery logistics by providing flexibility and optimizing routes, thereby enhancing overall operational efficiency.
Spoiler Alert is a Boston-based supply chain software company that specializes in helping food manufacturers and grocery distributors manage excess and distressed inventory. Founded in 2015, the company has developed an inventory liquidation platform that digitizes liquidation processes for consumer packaged goods brands, facilitating connections with a network of discount retailers and nonprofit organizations. This enterprise solution enhances relationships between suppliers and customers, while improving efficiency and accuracy in surplus inventory management. By focusing on maximizing value recovery, Spoiler Alert addresses significant challenges related to food waste, resource deficiency, and hunger. The company's innovative approach combines technology such as workflow automation and traceability to support the food industry, ultimately contributing to environmental sustainability and social impact.
Continuus Pharmaceuticals, Inc. offers an integrated continuous manufacturing technology for small molecule pharmaceuticals. It provides pharmaceutical manufacturing via batch processes; and advancing pharmaceutical manufacturing. The company was incorporated in 2012 and is based in Woburn, Massachusetts.
Ministry of Supply, Inc. is a Boston-based company that specializes in designing and manufacturing business apparel, specifically focusing on performance professional clothing for the workday. Founded in 2010, the company aims to address the everyday challenges posed by traditional clothing through the use of innovative materials and purposeful design. Ministry of Supply offers a range of products, including performance dress shirts and pants, which are sold primarily online.
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