Octup raises $12M Seed round to bring AI to logistics management
· Source: calcalistech.com
In short
Israeli startup Octup has secured $12 million in a Seed funding round led by JAL Ventures and Shine Capital to advance its AI-powered logistics management platform. Despite wartime challenges, including CEO Alon Partuk's IDF reserve duty and office damage from missile attacks, the company plans to triple its workforce and expand in North America. Octup's platform integrates with WMS, ERP, and shipping systems to provide real-time operational insights for third-party logistics providers and e-commerce brands.
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In the issue of week 30, 2025: AI-Driven Automation and Security Redefine Global Supply Chains
Tags: logistics, AI, funding, startup, ecommerce, automation