Austrian Startup Prewave Raises $67 Million (€63 Million) to Develop AI-Powered Supply Chain Platform

Jun 25, 2024, 08:16 AM

Austrian startup Prewave has raised $67 million (€63 million) in a Series B funding round led by Hedosophia and Creandum. The Vienna-based company plans to use the funds to develop the world's first supply chain superintelligence platform, which aims to help businesses manage supply chain risks and improve sustainability and compliance. Prewave's innovative approach leverages artificial intelligence to address unprecedented challenges in global supply chains. The funding was secured using a 10-slide pitch deck.