Nulogy, a Toronto headquartered cloud-based supply chain collaboration solutions, has secured $15 million credit facilities. The credit was given by CIBC Innovation Banking to facilitate Rubicon Technology Partners’ acquisition interest in the business.
Purpose of Funds
The realities of the funding will entail the expansion of a Nulogy’s operations, as well as supporting the development of a supply chain platform, which contributes to the continued development of the business and the industry as a whole.
About Nulogy
The company is led by the CEO, Jason Tham, which has a multi-enterprise platform that should connect brands, contract manufacturers, packagers, third-party logistics providers, and raw material suppliers. It enables faster supply chain response, minimum total expense, minimal consumption of resources and maximum service delivery; making its customers more sustainable to unknowing business growth.
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