Saturday, July 6, 2024
HomeRecent ArticlesSensos Secures $20 Mn Series A Funding

Sensos Secures $20 Mn Series A Funding

Sensos, provides End-to-End visibility over any shipment or inventory- without needing any infrastructure has secured $20 Million in Series A Funding round led by Magenta Venture Partners and other investors such as JAL Ventures, Israel Cargo Logistics and Sumitomo Corp. also participated in the funding round.

Read also – Singapore-based Doxa Holdings Raises Undisclosed Funding From Cento Ventures

Since it was spun-off from Sony in 2022 Sensos has helped dozens of shippers digitize their supply chain, enabling them to run faster shipments, hold smaller inventories and achieve better production planning. With a strong commitment to sustainability, Sensos continues to innovate with solutions that make supply chains more efficient.

Read also – Blue Owl Capital Partners with Lunate to Invest in Private Market Investment Managers

“A significant portion of the investment will be directed towards expanding market presence through targeted sales and marketing initiatives, focus on research and development to refine the solution’s technological capabilities and address emerging challenges in the logistics space,” Aviv Castro, CEO of Sensos told Metaverse Post.

Read also – CapitaLand Investment Announce Four Acquisitions in Southeast Asia

“The labels continuously monitor item location, status, and condition using global cellular connectivity. The AI-powered control tower serves as the central hub for data processing and analysis. It aggregates data from various sources, including the cellular labels, the client’s ERP/WMS systems, and external data streams,” said Castro.

Read also – Singapore-based Amperesand Raises $12.45M Series Seed Funding

About Sensos

Founded in 2022, Sensos’ vision is to empower logistics teams to be proactive when managing supply chains. It is is moving supply chain management from reactive to proactive. It’s new cutting-edge SaaS supply chain control tower, known as “Sync,” seamlessly integrates with Sensos disposable cellular label.

Read also – Pagaya Closes Five-Year $280M Credit Facility

This powerful combination offers a unified, real-time view of any shipment or inventory, all in one intuitive interface. Sensos Sync empowers to streamline operations, significantly reduce losses, and optimize supply chain efficiency to its fullest potential.

Read also – Hong Kong-based MediConCen Secures Series A Funding to Drive Global Expansion

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular