Despite the impact of the COVID-19 pandemic on global supply chains and other economically important systems, 2020 still managed to produce a significant number of startups.
To introduce you to 7 emerging startups founded in 2020, we analyzed 901 logistics startups. All of them develop innovative solutions spanning from warehouse automation and supply chain monitoring to freight visibility.
The 7 promising logistics startups you should watch in 2021 were hand-picked based on our data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others.
The 901 companies that were analyzed for this report, are identified using the StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally. When you are looking for up-to-date logistics solutions for your innovation units, R&D, or product development department, the StartUs Insights Discovery Platform gives you the most exhaustive collection and ensures you continuously discover new startups, scaleups, and technologies.
The International Startup Heat Map below highlights 7 logistics startups, based in 2020, creating technology-driven options for the logistics sector. In addition, you can research international hotspots for logistics startups and also download this picture to add on your next presentation.
customers. As warehouse area comes at a top in large cities, this is not necessarily feasible for companies. To fill this gap, logistics startups provide warehousing-as-a-service, allowing quicker and more reactive ecommerce transport. These unite all warehousing operations, including stock management, inventory keeping, packaging, and transport, in addition to handling yields.
Hive is a German startup that offers storage and transport to get e-commerce retailers. The startup’s alternative connects with present online shops, like those on Shopify or even WooCommerce, and gives storage. The startup’s software solution provides an all round logistics encounter for midsize retailers.
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What’s more, in addition, it will help decrease labour costs and enhance worker safety. Warehouse automation incorporates many distinct options, such as hardware robots, automatic guided vehicles (AGV), and autonomous procedure automation solutions. Logistics startups create automation solutions that accelerate stock management, deliveries, shipment tracking, and tag recognition, to list a few surgeries.
Indian startup Rightbot provides full-stack warehouse automation. The startup’s autonomous robots browse always to select and recover things, allowing faster gratification.
The bots also relocate incorrect manual selections and items returned from the clients to the ideal slots. Rightbot’s solution empowers real-time stock visibility and precise counting.
Since distribution chains are increasing in size and sophistication, logistics startups are focusing on supply chain tracking solutions that keep supervisors informed in any way times. Tracking helps managers identify inefficiencies and bottlenecks, measure key performance indicators (KPI), efficiently manage delays, and decrease risk.
For this end, startups use data analytics and machine learning how to enable round-the-clock distribution chain tracking, such as predictive analytics to predict the robustness of this series during the upcoming few weeks or days.
The startup’s solution prevents dispatch delays and packing non-compliance, thus reducing the speed of returns. The solution speeds up the distribution chain in any way measures from sourcing to transport and tracks the production to forecast delays. The startup serves the logistics needs of clothing and home furnishing, in addition to accessories and footwear businesses.
Data Growing enables multiple programs in the logistics industry. Freight visibility offers fine details of this freight, at any given moment. Real-time visibility also supplies a transparent experience for those clients. Startups leverage technologies like blockchain and the Internet of Things (IoT) to provide end-to-end traceability of cargo handling.
The US-based startup Chaine supplies alternatives for cargo visibility, in addition to productivity, in the logistics industry. The startup’s visibility alternative combines all the client’s data sources in 1 spot.
The Chaine App allows continuous communication between staff members, drivers, and carriers, in addition to proactive freight administration. This ensures that all stakeholders know where a load is constantly.
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As warehouses become larger, they also hold enormous amounts of stock. This requires employees to pay long distances and take massive weights during a workday. Collaborative robots or cobots are semi-autonomous machines which assist employees in executing their jobs , decrease physical labour, and improve employee safety.
These robots are elastic and readily reprogrammable to take on a wide selection of purposes like following workers as cellular storage containers or picking up things.
The startup’s JAKA Zu series robots comprise wireless connectivity and remote programming assistance. The collaborative robots utilize a range of vision methods to identify 2D, 3D, item, colour, place, and space. They locate numerous programs in logistics, such as pick and place, palletizing, and packaging.
Warehouses like distribution and fulfillment facilities visit a large turnover of outbound and inbound deliveries. Delivery automation makes it simpler to process these deliveries and also maintain an accurate tally of this stock.
Including placing and picking, tag scanning, along with other operations which make regaining a package easier and quicker. What’s more, it enables options that ease serving urban clients quicker, such as last-mile shipping and micro gratification.
The startup’s platform empowers no-code artificial intelligence (AI) models which assist companies automate processes and improve productivity.
The system integrates with other services to allow automation with no need to change procedures. As an example, the solution integrates with Asana, a work management option, to accelerate delivery checklists. Further, the Bitskout’s platform employs image recognition to confirm product deliveries in the warehouses.
When packages go missing or misplaced, it incurs massive additional costs in repeat deliveries, as well as leaves a bad impression on customers. Track and trace solutions determine past and current locations of all items in a supply chain to minimize such events.
These solutions also provide visibility into fuel effectiveness of deliveries, enabling managers to introduce cost-saving interventions. Track and trace also allow the end customers to track deliveries, improving transparency, and trust for brands.
Navines is an Israeli startup that offers web-based solutions for complex business problems. The startup provides carrier services that improve the shipping chain for e-commerce startups and companies. The NAVINES Tracking Engine searches any tracking number from any transporter. This enables companies to visualize the true status of a package and, at the same time, prevent false claims and confusion.
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To stay ahead of the technology curve, it is important that you know which technologies and industry trends will impact your company in 2021. You can explore our report on the Top 10 Logistics Industry Trends or let us do the work for you. To keep you up-to-date on the latest technology and emerging solutions, we provide you with actionable innovation intelligence – quickly and exhaustively.
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