The investment by Rubicon will try to accelerate Nulogy's growth strategy as the company continues to scale through new product innovation and go-to-market expansion.
TCO LLC, a Kentucky-based contract packager, manufacturer, and logistics provider, identified a strategic opportunity to upscale its contract packaging operation to fuel future business growth.
Nulogy is a collaboration platform for supplier networks and digitally enables manufacturers and their external supplier networks to collaborate on a centralized, data-driven, AI-enabled platform.
This partnership between Nulogy and Formic will present contract logistics providers, contract packagers, contract manufacturers, and FMCG brands with a suite of automation capabilities.