Jeff Bezos is Personally Investing Millions Into Startups in This ‘Boring’ Industry – Here’s Why

Where venture capitalists (VCs) and billionaires invest their money in the startup world can serve as a powerful indication of the next big sectors to emerge. While artificial intelligence (AI) and robotics often dominate the spotlight, Inc. founder Jeff Bezos has recently turned his attention towards the logistics industry.

Logistics may be an unconventional focus by traditional VC standards, but Bezos’s investment strategy is understandable given his experience. Having founded Amazon, one of the world’s largest logistics networks, Bezos has been a driving force behind innovations such as two-day and same-day delivery, drone delivery, and more. His expertise in logistics makes him well-suited to identify and address the industry’s challenges.

One of Bezos’s recent investments is in HempNFibers, a startup developing hemp-based biofuels for the logistics sector. Little information is available about the company, as it is still in its early pre-seed stage. However, the investment appears to capitalize on the increasing demand for alternative biofuels and hemp-based products.

See Next: Qnetic Unveils Revolutionary Flywheel Energy Storage System to Accelerate Renewable Energy Adoption

Bezos has also invested in Beacon, a digital supply chain and freight platform designed to optimize supply chains through data insights and visibility. The platform connects data across the supply chain, allowing companies to access this information to streamline logistics processes. This enables real-time freight tracking and decision-making based on potential disruptions along the way.

This might seem odd given the current focus from Silicon Valley venture capitalists (VC) shoveling money into AI. But Bezos might be on to something. Logistics is a massive cause of environmental issues and a global trillion-dollar industry. With Bezos effectively owning one of the largest logistics networks in the world, he has the ability to implement these technologies if effective, further making him millions.

Several startups are looking to solve this issue with a more tech-forward approach too. So while it might seem boring, there are some exciting options emerging out of the overall startups sector. For example, 3DOS is utilizing their network of tens of thousands of 3D printers across the globe to create a global, localized, and on-demand logistics network. Meaning, you could buy a product online, then manufacture it in your own home. Or a neighbor or local facility could manufacture it, then ship it down the road instead of around the world. While not Bezos-backed, it has already raised over $309,000 from retail investors through its current equity crowdfunding round.

See more on startups investing from Benzinga.

Don’t miss real-time alerts on your stocks – join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

This article Jeff Bezos is Personally Investing Millions Into Startups in This ‘Boring’ Industry – Here’s Why originally appeared on


© 2023 Benzinga does not provide investment advice. All rights reserved.

Want to get worth reading articles in your email? want to catch what's going on in the world?

We do not spam but sent you only important news stories 🙂

News Agencies

About Author

The latest news from the News Agencies

You may also like

exotic expansion llc best stock picking services

Exotic Expansion LLC: Is it one of few Best Stock Picking Services?

Exotic Expansion LLC: You may have wondered once in a life that if you had someone who can advise you
investing in cryptocurrencies

Are you investing in cryptocurrencies? 4 important points before you invest

Investing in cryptocurrencies Driven by financial backers’ energy, the cryptographic money market as of late crossed the $3 trillion imprint