4 years ago

Kavida.ai Secures £300K Pre-Seed Funding for Supply Chain Resiliency Solutions

  • Kavida.ai, a London UK-based supply chain resiliency startup, has raised £300,000 in pre-seed funding led by QIMA, Sri Sharma, Pradeep Menon, Rohan Haldea and the PDS Multinational Group

  • The company will use the funds to expand operations and business reach

  • Founded in October 2020, Kavida.ai provides enterprises with decision intelligence tools to prevent and mitigate supply chain disruptions in various sectors like apparel, FMCG, food, retail, and pharma

  • Its platform analyzes live data and converts it into simulation mathematics to quantify the impact of threats and identify mitigation strategies.

      • ProblemTechnology

      "Supply chain disruptions are a major issue for businesses. These disruptions can be caused by a variety of factors, such as natural disasters, political instability, and pandemics. Disruptions can lead to delays in production, shortages of materials, and increased costs. Companies need a way to identify and mitigate these risks before they cause serious damage."

      Solution

      "Kavida.ai's platform uses machine learning to analyze publicly available data from social media, news channels, and other sources. The platform then converts this data into simulation mathematics to quantify the impact of emerging threats. This allows businesses to identify the optimal decisions to mitigate these threats and prevent disruptions from happening in the first place."

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