Ameba, a London-based AI platform, announces a significant seed funding success, raising £5.3 million to drive innovation in supply chain insights.
- Ameba’s platform automates data extraction across supply chains to enhance product source and status insights.
- The startup was founded in 2023, aiming to tackle inefficiencies in traditional supply chain management systems.
- Key investors in this round include Hedosophia, Anamcara, and Visionaries Club, reflecting strong market confidence.
- Ameba’s goal is to transform supply chains into growth engines amid increasing complexity and fragmentation.
Ameba, an innovative AI startup based in London, has successfully secured £5.3 million in a seed funding round, aimed at bolstering its cutting-edge platform that automates data extraction across supply chains. Founded in 2023, the company strives to revolutionise how supply chain data is managed, focusing on generating actionable insights into product sources and statuses.
Cedrik Hoffmann, CEO and co-founder of Ameba, emphasises the considerable pressure brands face to adapt rapidly to shifting consumer trends while maintaining seamless, cost-effective, and sustainable supply chains. According to Hoffmann, many prominent players in fashion still rely predominantly on outdated methods like Excel and basic communication tools such as email or WhatsApp for managing their supply chains.
The recent investment round, led by Hedosophia with participation from Anamcara and Visionaries Club, underscores the confidence these investors place in Ameba’s innovative approach. Isabella Yamamoto, principal at Visionaries Club, articulates that through conversations with numerous supply chain stakeholders, it became evident that Hoffmann and his team possess the expertise necessary to disrupt the current supply chain landscape, addressing the challenges of fragmentation and complexity.
Yamamoto highlights that Ameba’s AI solution not only aims to eliminate fragmentation in supply chains but also positions brands to gain a competitive advantage by converting traditional supply chain bottlenecks into proactive growth opportunities.
Ameba’s recent funding marks a pivotal step in its journey to redefine supply chain efficiencies through advanced AI technology.
