Altana AI, a supply chain management startup, has reached unicorn status with a $200 million Series C funding round led by the US Innovative Technology Fund which now brings its implied valuation to over $1 billion. The capital will help Altana expand its AI-driven platform, which offers comprehensive insights and risk detection across global supply chains, from the sourcing of raw materials to production to sales. Founded in 2018, Altana has positioned itself as a key player in managing the complexities of modern supply chain logistics which necessarily have to deal with governments and trade organizations that have introduced new restrictions, climate, national security, and other policies.
Supply Chain Startup Altana Hits Unicorn Status, Raises $200M
