Financial Digest

Venture Capital Cools on Supply-Chain Tech Startups

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Once-highflying companies are cutting staff, diversifying their businesses as a freight downturn collides with dimming investment

this year, pushing some of the businesses to slash costs, cut staff and look for other ways to survive in a weak freight market.of digital freight startup Convoy, which ceased operations in October just 18 months after topping out at a $3.8 billion valuation.

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