Altana Technologies Inc., a startup in the supply chain industry, has revealed that it has secured a USD 100 million funding round headed by Activate Capital.
Prologis Ventures, Reefknot Investments, Four More Capital, Amadeus Capital Partners, Floating Point, and Ridgeline Partners were among the participants in the group. The GV venture capital division of Alphabet Inc. also took part. Organizations can use the software platform Altana Atlas from the New York-based company to keep an eye on their supply chains.
The platform is powered by an artificial intelligence model that analyzes billions of data points, claims the startup.
Read More; Altana raises $100M for its AI-powered supply chain platform
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