Amazon venture fund backs startup developing fix for return fraud
Publishing timestamp: 2025-07-24 08:00:01
Summary
Amazon's $1 billion industrial fund is backing Cambridge Terahertz, a startup developing 3D imaging technology to help reduce fraudulent returns in the supply chain and security sectors. The technology allows retailers to see inside unopened packages, potentially saving billions in losses due to return fraud. Amazon's investment track record has come under scrutiny in the past, but the company is turning to startups to find solutions for its logistics problems.
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Keywords: internet, business news, technology, venture capital, breaking news: technology, amazon.com inc, start-up,