AI startup 7bridges just raised $3 million in a seed round backed by LocalGlobe and Crane Venture Partners

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Summary

AI logistics startup 7bridges has raised $3.4 million in a seed funding round backed by LocalGlobe and Crane Venture Partners. AI startup 7bridges has raised $3.4 million in seed funding after being backed by major VCs such as LocalGlobe and Crane Venture Partners. Artificial intelligence is playing an ever-increasing role in businesses’ operations, with analysts at Infoholic Research suggesting the AI logistics market will be worth $6.5 billion by 2023. 7bridges is offering a unique AI-powered solution for building scalable, adaptive logistics systems – so that organisations can continue to fulfil their customers’ orders whatever the future holds. “We’re excited to be part of the 7bridges journey, as the team leads the way in logistics evolution.” Join the conversation about this story » NOW WATCH: Why thoroughbred horse semen is the world’s most expensive liquid

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Amount $3.4M Total raised
Date June 24, 2020 Announcement date
Investors LocalGlobe Lead investors
Company https://www.the7bridges.com/ Funded company

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