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BluePallet, an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical manufacturer Vinmar International. The startup also announced today that it has become the first industrial commerce platform to “officially” operate on Alibaba.com. This means that […] ....
Beyond black letter law - why managing reputational threats is core to GCs work 13 May 2021 A top-level panel of in-house counsel hosted by HFW discuss the future of litigation By Aerial Mike; Shutterstock Contrary to the expectations of many, the Covid-19 pandemic led to an initial lull in litigation as companies went into survival mode and courts around the world tried to adapt to the disruption of lockdowns and social distancing. As Vodafone’s GC, Rosemary Martin, told a roundtable of senior in-house counsel convened by HFW: “We thought there was going to be an upswing in litigation and it would all become a bit contentious and difficult. Maybe that will come this year, but last year was weirdly business-as-usual.” ....
BluePallet aims to disrupt industrial commerce with ‘decentralized’ marketplace for chemical products May 11, 2021 at 11:07 am BluePallet CEO Scott Barrows. (BluePallet Photo) New funding: BluePallet, a startup with roots in Seattle, has emerged from stealth mode with $4 million in new funding. The company operates a marketplace for the chemical industry. Founded last year, BluePallet aims to change the way chemical producers, distributors, and end users connect with each other. Companies use it to find new regions to sell products; to serve existing customers; to move inventory; and more. It charges a monthly fee per connection, versus the traditional marketplace model of charging a fee on every transaction. ....