4 years ago

DeepStream Secures £5.2 Million Series A Funding for AI-Powered Procurement Platform

  • DeepStream, a London-based provider of a cloud-powered procurement platform utilizing AI, has raised £5.2 million in Series A funding led by Beringea

  • The funding will be used to expand the company's workforce and further develop its AI applications

  • DeepStream's platform helps businesses streamline their procurement processes, improve supply chain efficiency, and promote sustainability

  • The company works with over 3,500 businesses across various industries, including cleantech, renewable energy, logistics, gigafactories, green steel, electric vehicles, and construction.

      • ProblemTechnology

      "making procurement more efficient and sustainable"

      Solution

      "providing a cloud-based procurement platform that uses AI to handle all 'Request For Anything' processes in one place"

      Covered on