SUPPLY CHAIN MOVEMENT, No.40, Q1 2021
Overview
Maturity Matrix reveals several newcomers
All hands on deck for supply chain start-ups
Supply chain start-ups in Europe experienced a very challenging year in 2020 due to the COVID-19 pandemic and the resulting economic crisis. Unlike more established companies, start-ups were not always able to rely on a financial safety net provided by their government. Consequently, a few of them did not survive the storm and have vanished from this year’s Maturity Matrix of European supply chain start-ups. Several newcomers have emerged to take their place, especially in the areas of supplier management, sustainability and blockchain. By Martijn Lofvers and Marcel te Lindert
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n January 2020, things looked very promising for European supply chain start-ups. Shipamax, a London-based start-up founded in 2016, raised a further US$7 million in funding for its logistics back-office digitalization solution. The
annual study by Supply Chain Media, publisher of this magazine, found that the total funding for European start-ups providing supply chain software solu- tions had increased from €200 million to a whopping €550 million between 2018
and January 2020. Just the scale-ups (which by definition are more mature) offering online platforms for road freight, including Sennder, OnTruck, Fretlink, Shipamax and Quicargo, had between them raised over €200 million in funding
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