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/PRNewswire/ Golioth, the cloud platform for hardware developers, today announced a $2.5M seed round in conjunction with a private beta launch for. ....
BMW i Ventures invests in inventory optimization software company Verusen; intelligent, connected supply chains BMW i Ventures invested in the Series A financing of Verusen, which provides an AI-driven inventory optimization solution to fuel the intelligent, connected supply chain. The funds will be used to support the company’s seven-fold sales growth in 2020, including its global expansion and scaled delivery of its purpose-built AI, machine learning (ML) and neural network technologies to create the self-learning supply chain for customers in more than 25 countries. The round was led by Forté Ventures and Flyover Capital and also included participation from Glasswing Ventures, Zetta Venture Partners, Kubera, and Engage. ....
BMW i Ventures invests in Verusen to drop supply chain costs Home » Interesting » BMW i Ventures invests in Verusen to drop supply chain costs BMW is continuing its strategic investments in key companies, started a few years back, under the BMW i Ventures umbrella. This week, the German company announced a new investment during the Series A financing of Verusen, a company that is aiming to use Artificial Intelligence to drop down the costs and increase the efficiency of supply chains. According to BMW i Ventures and Verusen, the funds will be used to support the further expansion of the latter. ....