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Reading: Portcast Secures $6.5M to Supercharge Supply Chain AI
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AI

Portcast Secures $6.5M to Supercharge Supply Chain AI

Rary Maharani
Last updated: November 22, 2024 1:03 am
Rary Maharani
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1 Min Read
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  • Portcast raises millions
  • Singapore AI firm transforms supply chains
  • New funding drives global market expansion

Contents
Money in the Bank!Tech That MovesGoing Global

Money in the Bank!

Singapore-based Portcast has landed a $6.5 million Series A funding round led by Susquehanna Asia VC.

Notable investors Hearst Ventures, Signal Ventures joined the round, alongside existing backers Wavemaker Partners, TMV, and Innoport.

Tech That Moves

The company’s AI technology integrates real-time data from carriers and terminals to deliver predictive insights across supply chain operations. This latest investment positions Portcast to accelerate its technological development.

Going Global

The funding will power Portcast’s expansion plans across Asia Pacific and European markets, focusing on product innovation to meet growing demand for intelligent supply chain solutions.

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