Media Coverage

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The Rounds Raises $24M Series B to Accelerate Sustainable, AI-Driven Last-Mile Delivery

The Rounds Raises $24M Series B to Accelerate Sustainable, AI-Driven Last-Mile Delivery

Associated Press, August 21, 2024

NEW YORK, Aug. 21, 2024 /PRNewswire/ -- The Rounds, an inventory management platform that delivers recurring grocery and household essentials in reusable packaging, today announced a $24 million Series B funding round led by Moderne Ventures, with participation from FJ Labs and existing investors, bringing its total funding to date to $66 million. The company will use the investment to scale its AI-powered service, strategically focusing on profitable growth in existing markets, expanding its team across machine learning, data science, and executive leadership, and launching new markets. The funding comes at a time of rapid progress towards market profitability. Since its Series A, The Rounds has posted 6X revenue growth, opened a state-of-the-art facility in Washington D.C., launched cold chain operations, and extended its closed-loop supply chain with local vendors.

Flying's Never Been Safer, Says MIT Study

Flying's Never Been Safer, Says MIT Study

Barron's, August 8, 2024

Flying can be a nerve-wracking experience for many people -- but a new study out Thursday finds commercial air travel keeps getting safer, with the risk of death halving every decade.

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Artificial Intelligence

Healthcare

Experts' Insights About Understanding Health Care

Experts' Insights About Understanding Health Care

MoneyGeek, July 24, 2024

Health plans can help rural and underserved areas by giving people more coverage options. They can improve telehealth services to make it easier to receive care from afar and increase reimbursement rates for rural health care providers. To improve access and outcomes in rural areas, insurers can also support mobile and rural health clinics and offer rural-focused health plans.

Supply Chain

Whose Tariffs Are Worse For The American Consumer?

Whose Tariffs Are Worse For The American Consumer?

CNBC, July 2, 2024

President Joe Biden and former President Donald Trump share common ground on tariff policy. While some policymakers argue that tariffs can be a tool to protect and help grow domestic industries and ensure national security, tariffs may also result in unintended economic consequences that cost U.S. consumers billions. Trump's trade war tariffs generated about $233 billion in duties collected by U.S. Customs through March 2024, according to an analysis from the Tax Foundation. Watch the video above to find out which candidate's tariffs will be more expensive for the American consumer.

OK Manufacturing Alliance offers ‘Supply Chain Academy’

OK Manufacturing Alliance offers ‘Supply Chain Academy’

The Journal Record, June 5, 2024

ARDMORE — The Oklahoma Manufacturing Alliance will feature noted supply chain logistics expert and author Sunderesh Heragu at its “Supply Chain Academy” on Wednesday, June 12 at the Ardmore Convention Center, 2401 N Rockford Road in Ardmore.

Climate

After Park City Wind failure, can Connecticut offshore wind rebound?

After Park City Wind failure, can Connecticut offshore wind rebound?

WSHU, March 18, 2024

In December 2019, Connecticut announced the largest purchase of renewable energy in state history. Providing 804 megawatts of offshore wind power, Avangrid’s Park City Wind Project promised the equivalent of 14% of the state’s electricity supply, $890 million in direct economic development, improved grid reliability during the winter and the opportunity to slash over 25 million tons of carbon dioxide emissions.