New Investment Boosts Arkestro's AI for Supply Chains
· Source: supplychaindigital.com
In short
Arkestro, a predictive procurement software company, has secured a US$36m investment led by Altira Group and Aramco Ventures to scale its AI-driven platform. The technology aims to transform procurement into a strategic function, delivering average savings of 18.8% per US$1m spent. The funding will expand its impact across industries, particularly in energy and manufacturing.
Read Original Article — Read the full article on the publisher’s site.
In the issue of week 21, 2025: Agentic AI and Robotics Drive Autonomous, Agile Supply Chains in 2025
Tags: procurement, AI, supply-chain, investment, forecasting, automation