AI-powered supply chain startup Pando lands $30M investment

AI-powered supply chain startup Pando lands $30M investment

a year ago
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https://techcrunch.com/2023/05/03/ai-powered-supply-chain-startup-pando-lands-30m-investment/

Signaling that investments in the supply chain sector remain robust, Pando, a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing its total raised to $45 million.

Iron Pillar and Uncorrelated Ventures led the round, with participation from existing investors Nexus Venture Partners, Chiratae Ventures and Next47. CEO and founder Nitin Jayakrishnan says that the new capital will be put toward expanding Pando’s global sales, marketing and delivery capabilities.