Loop raises $95M to build supply chain AI that predicts disruptions

Image for article Loop raises $95M to build supply chain AI that predicts disruptions
News Source : TechCrunch

News Summary

  • San Francisco-based startup Loop is using AI to help companies clean up their supply chains.
  • The startup uses AI to offer companies predictive, and even prescriptive, remedies.
  • The approach helped Loop secure a $95 million Series C funding round from some high-powered Silicon Valley backers.
  • The round was led by Valor Equity Partners and the Valor Atreides AI Fund, and includes investments from 8VC, Founders Fund, Index Ventures, and J.P. Morgan’s late-stage fund, Growth Equity Partners.
Supply chains are messy. San Franciscobased startup Loop isnt content helping companies merely clean up their supply chains. Instead, the startup is using AI to offer companies predictive, and even [+4788 chars]

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