- AI logistics startup 7bridges has raised $3.4 million in a seed funding round backed by LocalGlobe and Crane Venture Partners.
- The AI logistics market is expected to be worth more than $6 billion globally by 2023, according to analysts at Infoholic Research.
- We got an exclusive look at the pitch deck 7bridges used to bring LocalGlobe and Crane Venture Partners on board.
- Visit Business Insider's homepage for more stories.
AI startup 7bridges has raised $3.4 million in seed funding after being backed by venture capital investors such as LocalGlobe and Crane Venture Partners.
The London-based firm has designed an LEO ("Logistics Engine Optimization") platform suitable for all kinds of businesses, from retail through to manufacturing and health tech.
Artificial intelligence is playing an ever-increasing role in businesses' operations, with analysts at Infoholic Research suggesting the AI logistics market will be worth $6.5 billion by 2023.
Check out their pitch deck below: