<ul><li>Australian retail technology startup Hivery, backed by Tiger Global and Blackbird, has been placed in administration after nine years and $63 million in venture capital.</li><li>Hivery, known for its AI-powered platform for category management and merchandising optimization, raised $30 million in a Series B round in mid-2022.</li><li>The startup faced troubles and experienced management changes, with three out of four co-founders leaving the company's board.</li><li>Hivery's journey comes to an end, but the founders and team are grateful for the support and walk away with their heads held high.</li></ul>

Tiger Global and Blackbird-backed AI-powered retail startup Hivery placed in administration

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