Supply chain management is challenging... enter AI. Altana has achieved unicorn status after raising $200 million in its Series C funding round. Led by the US Innovative Technology Fund and supported by investors like March Capital and Salesforce Ventures, Altana's valuation has climbed to $1 billion. Altana's AI platform provides critical insights into global supply chains, tackling intricate trade, climate, and security challenges. #Innovation #SupplyChain #Unicorns #AI
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In recent years, there has been a significant decline in the number of supply chain start-ups appearing in Europe. According to Mathias Bosse, compiler of the Supply Chain Tech Report, one of the reasons is that companies are currently less inclined to serve as launching customers. However, he expects the rise of generative AI to lead to a new wave of tech companies. Supply Chain Media BV’s annual?Maturity Matrix?contains a number of new start-ups. The market of tech companies in logistics and supply chain has really taken off over the past decade. “Corporate executives and investment funds started to realize how super-important supply chains actually are for the economy, and also how vulnerable they are to disruptions and other forms of uncertainty,” explains Mathias Bosse, founder of German company?Prequel Ventures, which invests in supply chain start-ups. “At the same time, there are lots of smart people with innovative ideas and technology to meet these pressing needs in the supply chain. Not least because existing supply chain systems at companies are no longer adequate. For supply chain planning and execution, companies still work a lot with Excel and get far too little added value from their large amount of data.” Read the complete article here: https://lnkd.in/er4bq3C9 #supplychain #innovation #startups #genai #machinelearning #businesstransformation #digitalization Peter Schram Harm Beerens Marcel te Lindert Amin Kaboli Niels Bartels Thijs Gitmans
“Generative AI will be a gamechanger in the start-up market” - Supply Chain Movement
https://www.supplychainmovement.com
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?? How is AI Changing the Game in Procurement? ?? Exciting news in the world of procurement! Zip, the AI-enhanced procurement startup, has just seen a staggering 47% increase in its valuation following a successful $190 million Series D funding round led by Bond. With this new capital infusion, Zip's valuation now stands at an impressive $2.2 billion! This leap forward reflects not only investor confidence but also highlights the growing importance of technology in streamlining supply chains and enhancing operational efficiency. So what makes Zip stand out? By leveraging artificial intelligence, they’re revolutionizing how companies approach their purchasing processes, enabling smarter decision-making and greater cost savings. As businesses continue to face challenges like unpredictable market dynamics and rising costs, solutions like Zip are essential for maintaining competitiveness. This milestone opens up a broader conversation: How can startups like Zip lead corporate innovation through advanced technology? Are you ready to explore partnerships that could transform your organization's procurement strategies? Connect with startups to drive your corporate innovation ?? Book a meeting! https://lnkd.in/dFYwmbHq Let’s dive into how tech-savvy enterprises can harness these innovations for sustainable growth and resilience. What are your thoughts on integrating AI into traditional operational frameworks? Share your insights below — let’s learn from each other! #Procurement #AI #Innovation #Startups #Funding #SupplyChainManagement #TechTrends #VentureCapital #CorporateStrategy #DigitalTransformation Learn more about this exciting development here: https://lnkd.in/dWnwBFKs
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There is a real gap between how #startups talk about #generativeAI and how enterprises and #CIOs view it, rightly notes General Catalyst Partner Juliet Bailin, with some simple but often overlooked guidance for startups to consider ?? https://lnkd.in/ebptiRKq
The AI elephant in the room: Production deployments are...
thestack.technology
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?? How is AI Changing the Game in Procurement? ?? Exciting news in the world of procurement! Zip, the AI-enhanced procurement startup, has just seen a staggering 47% increase in its valuation following a successful $190 million Series D funding round led by Bond. With this new capital infusion, Zip's valuation now stands at an impressive $2.2 billion! This leap forward reflects not only investor confidence but also highlights the growing importance of technology in streamlining supply chains and enhancing operational efficiency. So what makes Zip stand out? By leveraging artificial intelligence, they’re revolutionizing how companies approach their purchasing processes, enabling smarter decision-making and greater cost savings. As businesses continue to face challenges like unpredictable market dynamics and rising costs, solutions like Zip are essential for maintaining competitiveness. This milestone opens up a broader conversation: How can startups like Zip lead corporate innovation through advanced technology? Are you ready to explore partnerships that could transform your organization's procurement strategies? Connect with startups to drive your corporate innovation ?? Book a meeting! https://lnkd.in/dFYwmbHq Let’s dive into how tech-savvy enterprises can harness these innovations for sustainable growth and resilience. What are your thoughts on integrating AI into traditional operational frameworks? Share your insights below — let’s learn from each other! #Procurement #AI #Innovation #Startups #Funding #SupplyChainManagement #TechTrends #VentureCapital #CorporateStrategy #DigitalTransformation Learn more about this exciting development here: https://lnkd.in/dWnwBFKs
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?? How is AI Changing the Game in Procurement? ?? Exciting news in the world of procurement! Zip, the AI-enhanced procurement startup, has just seen a staggering 47% increase in its valuation following a successful $190 million Series D funding round led by Bond. With this new capital infusion, Zip's valuation now stands at an impressive $2.2 billion! This leap forward reflects not only investor confidence but also highlights the growing importance of technology in streamlining supply chains and enhancing operational efficiency. So what makes Zip stand out? By leveraging artificial intelligence, they’re revolutionizing how companies approach their purchasing processes, enabling smarter decision-making and greater cost savings. As businesses continue to face challenges like unpredictable market dynamics and rising costs, solutions like Zip are essential for maintaining competitiveness. This milestone opens up a broader conversation: How can startups like Zip lead corporate innovation through advanced technology? Are you ready to explore partnerships that could transform your organization's procurement strategies? Connect with startups to drive your corporate innovation ?? Book a meeting! https://lnkd.in/dFYwmbHq Let’s dive into how tech-savvy enterprises can harness these innovations for sustainable growth and resilience. What are your thoughts on integrating AI into traditional operational frameworks? Share your insights below — let’s learn from each other! #Procurement #AI #Innovation #Startups #Funding #SupplyChainManagement #TechTrends #VentureCapital #CorporateStrategy #DigitalTransformation Learn more about this exciting development here: https://lnkd.in/dWnwBFKs
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?? How is AI Changing the Game in Procurement? ?? Exciting news in the world of procurement! Zip, the AI-enhanced procurement startup, has just seen a staggering 47% increase in its valuation following a successful $190 million Series D funding round led by Bond. With this new capital infusion, Zip's valuation now stands at an impressive $2.2 billion! This leap forward reflects not only investor confidence but also highlights the growing importance of technology in streamlining supply chains and enhancing operational efficiency. So what makes Zip stand out? By leveraging artificial intelligence, they’re revolutionizing how companies approach their purchasing processes, enabling smarter decision-making and greater cost savings. As businesses continue to face challenges like unpredictable market dynamics and rising costs, solutions like Zip are essential for maintaining competitiveness. This milestone opens up a broader conversation: How can startups like Zip lead corporate innovation through advanced technology? Are you ready to explore partnerships that could transform your organization's procurement strategies? Connect with startups to drive your corporate innovation ?? Book a meeting! https://lnkd.in/dFYwmbHq Let’s dive into how tech-savvy enterprises can harness these innovations for sustainable growth and resilience. What are your thoughts on integrating AI into traditional operational frameworks? Share your insights below — let’s learn from each other! #Procurement #AI #Innovation #Startups #Funding #SupplyChainManagement #TechTrends #VentureCapital #CorporateStrategy #DigitalTransformation Learn more about this exciting development here: https://lnkd.in/dWnwBFKs
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?? How is AI Changing the Game in Procurement? ?? Exciting news in the world of procurement! Zip, the AI-enhanced procurement startup, has just seen a staggering 47% increase in its valuation following a successful $190 million Series D funding round led by Bond. With this new capital infusion, Zip's valuation now stands at an impressive $2.2 billion! This leap forward reflects not only investor confidence but also highlights the growing importance of technology in streamlining supply chains and enhancing operational efficiency. So what makes Zip stand out? By leveraging artificial intelligence, they’re revolutionizing how companies approach their purchasing processes, enabling smarter decision-making and greater cost savings. As businesses continue to face challenges like unpredictable market dynamics and rising costs, solutions like Zip are essential for maintaining competitiveness. This milestone opens up a broader conversation: How can startups like Zip lead corporate innovation through advanced technology? Are you ready to explore partnerships that could transform your organization's procurement strategies? Connect with startups to drive your corporate innovation ?? Book a meeting! https://lnkd.in/dFYwmbHq Let’s dive into how tech-savvy enterprises can harness these innovations for sustainable growth and resilience. What are your thoughts on integrating AI into traditional operational frameworks? Share your insights below — let’s learn from each other! #Procurement #AI #Innovation #Startups #Funding #SupplyChainManagement #TechTrends #VentureCapital #CorporateStrategy #DigitalTransformation Learn more about this exciting development here: https://lnkd.in/dWnwBFKs
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Endeavor, an AI startup aiming to transform manufacturing, just raised $7 million to streamline operations for traditional industries. ?? "Palantir for factories": San Francisco's Endeavor, led by 22-year-old Sahitya Senapathy, is revolutionizing manufacturing by automating key processes like sales, inventory planning, and supply chain management. ?? AI-Driven Efficiency: Using large language models, Endeavor's platform organizes unstructured data from purchase orders and invoices, enabling manufacturers to streamline operations previously dominated by manual tasks. ?? Industry Expertise Meets Innovation: Growing up in the automotive sector, Senapathy observed inefficiencies and aims to bridge the gap between execs and front-line workers through tech-based automation. ?? Revenue Model & Growth: The company offers annual contracts with usage-based pricing, providing C-suites with scalable tools to optimize enterprise-wide operations. ?? Investors & Expansion: Craft Ventures led the seed round, joined by Heartland Ventures, Contrary Capital, and more; funds will fuel Endeavor's engineering team and expand market reach. ?? Gen-Z Perspective: Senapathy's fresh outlook on an aging industry resonates with seasoned execs who see AI as vital for the future of American manufacturing. #ManufacturingInnovation #AIinIndustry #Startups ?? Next Steps: Endeavor plans to develop its engineering team and bolster its go-to-market strategy with this new capital. ?? Long-Term Vision: The company envisions becoming a tech backbone for industries like steel and construction, enabling a more agile, modern manufacturing sector. ?? Repost if you enjoyed this post and follow me, César Beltrán Miralles, for more curated content! https://lnkd.in/gUwRy5V4.businessinsider.com%2Fendeavor-pitch-deck-funding-seed-round-2024-10&utm_campaign=aga&utm_source=agsadl1%2Csh%2Fx%2Fgs%2Fm2%2F4
Endeavor is using AI to modernize manufacturing. Check out the 9-slide deck it used to raise a $7 million seed round.
businessinsider.com
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Decagon, a San Francisco-based innovator co-founded by Jesse Zhang and Ashwin Sreenivas, has secured an impressive $100 million in total funding, with $65 million raised in their Series B round. Led by Bain Capital Ventures, with participation from high-profile investors including Elad Gil, Accel, Bond Capital, and ACME Capital, this funding underscores Decagon's immense potential to transform customer experiences through AI-driven solutions. Decagon's AI agents are reshaping how businesses manage customer interactions by automating routine tasks and enabling support teams to focus on higher-value, strategic work. Trusted by industry leaders like Duolingo, Notion, and Eventbrite, Decagon's technology handles millions of conversations annually, boasting a 90% resolution rate and offering multi-language support, real-time data integration, and 24/7 availability. These capabilities have already enabled Decagon to deliver measurable success, with clients like Bilt seeing 70% of their 60,000 monthly support tickets resolved by Decagon’s AI. The new funding will fuel Decagon’s growth, including the expansion into new verticals, the development of voice capabilities, and the acceleration of their go-to-market strategy. Decagon’s commitment to enhancing, not replacing, jobs through AI positions them at the forefront of the future of work, particularly in the customer support industry. Congratulations to the entire Decagon team! Your success highlights the growing demand for AI solutions that not only improve productivity but also create meaningful roles for human teams. #AI #Innovation #CustomerSupport #StartupFunding #FutureOfWork #Technology #VentureCapital #CustomerExperience #AISolutions #SeriesB #Startups #TechEcosystem
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Capsa AI, the London-based startup revolutionizing due diligence in private equity, has secured €2 million in a seed funding round led by Outward VC, with additional support from Cornerstone VC and Antler. Co-founded by Danyal ?zdüzenciler, Capsa AI's innovative platform reduces the time PE firms spend on low-skill tasks, thereby increasing productivity and enhancing decision-making. Learn more about this AI-driven solution that’s transforming the private equity sector, via EU-Startups. https://lnkd.in/dFx9Wfez #AI #ArtificalIntelligence
London-based Capsa AI gets €2 million to delegate the manual low-skill PE due diligence tasks | EU-Startups
https://www.eu-startups.com
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