Tech startup Keychain bags $18 million to build a global platform for consumer packaged goods manufacturing

New York-based Keychain has raised $18 million in a seed funding round by Lightspeed Venture Partners, with participation from Box Group, Afore Capital, SV Angel and over 20 consumer packaged goods (CPG) industry professionals.   The startup says its proprietary technology helps retailers and brands quickly identify the best manufacturing partners for consumer goods packaging….

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Slowing US inflation fuels optimism as Fed rate hike concerns subside: Report

U.S. consumer prices remained unchanged in October, signalling a potential easing of concerns over rising inflation and leading to renewed hopes that the Federal Reserve might halt further interest rate hikes. According to Reuters, the data, released by the Labour Department’s Bureau of Labour Statistics, revealed that the annual increase in underlying inflation was the…

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