Supply Chain Tracking
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Reelables has Series A at $10.4 million to upgrade supply chain tracking with smart labels
Yahoo Finance· 2025-11-18 20:25
Core Insights - Reelables is entering a new phase with a $10.4 million Series A funding round aimed at scaling manufacturing and enhancing engineering resources, following a year of over 200% growth [1] - The company has achieved mass production of ultra-thin, wireless labels that utilize flexible batteries, providing item-level visibility with high accuracy [2] - The new 5G label eliminates traditional tracking constraints, functioning as both a shipping label and a tracking device, thus streamlining logistics processes [3] Company Developments - Reelables is targeting a production goal of 100 million labels per year and has appointed Tom Carter as Chief Operating Officer to lead this expansion [5] - The advanced manufacturing process of the smart labels is designed to offer scalable and cost-effective tracking solutions, enhancing real-time supply chain visibility for customers [6]