ORLANDO, Fla. — Data analytics and artificial intelligence have emerged as powerful tools in the fight against illicit imports.
At the Council of Supply Chain Management Professionals’ Edge conference in Orlando, Florida, last week, a panel of technology and shipping experts centered their discussion on the vital significance of harnessing these cutting-edge capabilities to evaluate the risks associated with global supply chains and imports.
New York-based Altana Technologies said it has landed a $100 million Series B investment, led by Activate Capital.
The supply chain management software startup said the raise will support its goal of using AI to provide visibility across the global supply chain.
“This funding is a powerful vote of confidence in our vision of trusted networks, which span and connect governments, businesses, and civil society to shape a more resilient, secure, inclusive, and sustainable world,” Altana said in a...
https://www.freightwaves.com/news/altana-raises-100m-in-series-b
Supply chain visibility companies have secured additional rounds of funding throughout 2021 to strengthen their customers’ logistics resilience.
On Monday, New York City-based Altana AI reported it got in on the action as well, announcing it received a $15 million Series A investment in May.
The round was led by GV, formerly known as Google Ventures, with participation from Floating Point, Ridgeline Partners and existing investors Amadeus Capital Partners and Schematic Ventures, which were part...
Over the past few years, dozens of tech startups have sought to bring more visibility to the supply chain, using machine learning and AI to enable not only end-to-end visibility but also business insights based on that intelligence.
Now a New York City-based startup aims to bring transparency to the...
https://www.freightwaves.com/news/altana-ai-secures-7m-to-make-supply-chains-safer-more-resilient