SkyCell invests millions in Validade, becomes major shareholder

SkyCell, a global leader in safe and sustainable pharma supply chain solutions, announced a multimillion investment to become a major shareholder in Validaide, the Netherlands-based digital platform for pharma lane risk management and collaboration.

"This investment strengthens Validaide’s position as a leader in lane risk assessment while ensuring it remains an independent and trusted platform serving over 1,600 companies globally. It also unlocks additional resources to accelerate Validaide’s growth and deliver enhanced features and value for its growing user base," , says an official release from SkyCell.

Validaide will continue to operate as a neutral platform, ensuring it remains a trusted partner for all industry stakeholders, including pharmaceutical companies, freight forwarders, airlines, and packaging providers, the release added.

SkyCell and Validade had announced a partnership in July 2024 to enhance decision-making and lane risk assessments for pharmaceutical companies.

“Validaide’s independence is fundamental to its role as a platform that benefits the entire industry,” says Richard Ettl, CEO, SkyCell. “This partnership enhances Validaide’s capabilities while safeguarding its neutrality, ensuring it remains the go-to solution for safer, more efficient supply chains.”

Eelco de Jong, Co-Founder and Managing Director, Validaide adds: “Our commitment to neutrality has been a cornerstone of the company’s growth and remains a guiding principle for the future.”

Validaide’s key platform is the Pharma Index – a benchmark that reflects the overall quality of healthcare shipments, the release added. "Derived from an average of key performance metrics, it provides actionable insights to help stakeholders reduce risks and improve efficiency in supply chain decisions."

Planned enhancements with the SkyCell investment includes:

*Faster lane approvals to reduce delays.

*Advanced risk modeling tools for greater precision.

*Enhanced regulatory compliance features to streamline operations; and

*Integration of emissions reporting to align sustainability goals.

“Our shared vision is to drive innovation and sustainability while improving operational efficiency across the supply chain,” says Ettl. “This partnership ensures we can meet the evolving needs of the industry together.”