Supply chain visibility startup FourKites raised $10 million investment from Mitsui & Co., Ltd.

September 30, 2022

, By Team SNFYI

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Chicago and Chennai-based supply chain visibility startup FourKites raised $10 million investment from Mitsui & Co., Ltd., a Japanese conglomerate.

FourKites tracks over 2.8 million shipments per day across multiple channels. The investment is part of the two companies’ ongoing strategic relationship. FourKites and Mitsui & Co., Ltd. intend to formalise their partnership by the end of the year, according to the startup. The Japanese conglomerate wants to put more money into expanding the startup’s reach in APAC. The strategic partnership will initially focus on Japan, but will eventually expand throughout APAC. The startup claims to have over 1,100 clients and to be present in over 200 countries and territories.

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Supply chain visibility startup FourKites raised $10 million investment from Mitsui & Co., Ltd.

September 30, 2022

, By Team SNFYI

Chicago and Chennai-based supply chain visibility startup FourKites raised $10 million investment from Mitsui & Co., Ltd., a Japanese conglomerate.

FourKites tracks over 2.8 million shipments per day across multiple channels. The investment is part of the two companies’ ongoing strategic relationship. FourKites and Mitsui & Co., Ltd. intend to formalise their partnership by the end of the year, according to the startup. The Japanese conglomerate wants to put more money into expanding the startup’s reach in APAC. The strategic partnership will initially focus on Japan, but will eventually expand throughout APAC. The startup claims to have over 1,100 clients and to be present in over 200 countries and territories.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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