Ameba, a forward-thinking AI startup based in London, has successfully raised £5.3m in a seed funding round, solidifying its place in the tech landscape.
- Founded in 2023, Ameba has developed an AI platform focused on transforming supply chain data management.
- This innovative platform automates data extraction, providing insights into product sourcing and status.
- The investment round was led by notable investors, including Hedosophia, Anamcara, and Visionaries Club.
- Ameba aims to tackle the complexities and fragmentation within supply chains, turning them into efficient growth engines.
Ameba, an AI startup established in West London, has secured £5.3m in a seed funding round. This financial boost is a significant milestone for a company founded just a year ago, in 2023. The funding highlights the growing interest and investment in technology solutions aimed at enhancing supply chain efficiency.
Ameba has crafted an AI platform that automates the extraction of data across supply chains. The platform is designed to generate comprehensive insights into the source and status of products, addressing critical industry needs for speed, cost-efficiency, and sustainability. The solution directly targets the pressure brands face in adapting to shifting consumer trends while maintaining operational efficacy.
Cedrik Hoffmann, co-founder and CEO of Ameba, highlighted the existing inefficiencies in supply chain management, where even prominent fashion brands rely on “Excel” and communication through email or WhatsApp. He stated, “We want to transform customers’ operations while meeting them where they are today. With Ameba, we’re turning supply chains from bottlenecks into engines of growth.”
The funding round was spearheaded by Hedosophia, alongside Anamcara and Visionaries Club. Isabella Yamamoto, principal at Visionaries Club, acknowledged the downward pressure on supply chains across all sectors. She expressed confidence in Ameba’s leadership, noting, “Cedrik and Craig had the experience to build a disruptive business using AI to eliminate fragmentation in supply chains and unlock competitive advantage for brands.”This backing not only provides Ameba with the capital to expand its offerings but also with strategic partnerships to foster its growth objectives.
Ameba’s recent funding achievement marks a pivotal step in revolutionising supply chain management with AI-driven solutions.
