3 years ago
Solvo.ai Secures $4 Million to Automate Supply Chains
Solvo.ai, a London-based AI startup, has raised $4 million in a seed round to commercialize its automated supply chain technology
The company's AI-powered pricing engine aims to help logistics firms adapt to disruptions and recover quickly
The funding will be used to scale the commercialization of the company's first product
The round was led by Speedinvest and Frontline Ventures.
ProblemTechnology
"Global supply chains are vulnerable to disruptions caused by economic, political, and environmental factors, leading to shortages and inefficiencies."
Solution
"Solvo.ai offers an AI-powered pricing engine that helps logistics firms adapt to changing conditions, recover from disruptions quickly, and make more informed decisions."