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SkyCell raises $57M at a $600M valuation to build smart containers for pharmaceutical transport

Today, SkyCell one of the companies that built containers to transport these medicines, along with many other un-shelf stable pharmaceuticals that are used to treat a variety of conditions is announcing a big round of funding to fuel its growth. The funding comes as SkyCell reaches new heights of its own, so to speak: it's now transporting $1.5 billion of pharmaceutical products each month (finished and raw materials). Ironically, despite the startup's role in helping move around vaccines, the peak of the pandemic years were not the best for SkyCell's growth: because everything else effectively halted in terms of medical care, and supply chains slowed down significantly, so too did SkyCell's business. ....

Remo Gerber , Praveg Patil , Richard Ettl , Middle East , Richard Ettl ,

Shuaa Capital invests in Swiss pharma supply chain disruptor SkyCell

Shuaa Capital has announced that its managed funds have invested in the recently concluded $34.8 million Series C funding round by SkyCell, the Swiss. ....

Ajit Joshi , Richard Ettl , Shuaa Capital , Private Markets ,