Reelables secures $10.4 million in funding to scale up manufacturing and expand global reach. The London-based company’s thin-film tracking technology offers a revolutionary solution for supply chain operators, growing over 200% in the past year.

Their ultra-thin, wireless smart labels challenge traditional tracking methods by offering Bluetooth and 5G connectivity without the need for bulky hardware or hands-on scanning. This innovation promises increased transparency, theft reduction, and operational control for logistics providers and retailers.

Reelables’ 5G label doubles as a shipping label, eliminating the need for additional pairing or charging. This innovation makes high-volume smart labeling more feasible for freight forwarders and 3PLs, while ensuring precision deliveries for manufacturers and consumer brands.

To support their goal of producing 100 million labels per year, Reelables welcomes industry veteran Tom Carter as their new Chief Operating Officer. Carter’s experience in IoT, SaaS, telecom, and AI will help guide the company through its next phase of growth and expansion.

Read more at Yahoo Finance: Reelables has Series A at $10.4 million to upgrade supply chain tracking with smart labels