Scoutbee
Assembly Line
⛓️🧠 Multinationals turn to generative AI to manage supply chains
Navneet Kapoor, chief technology officer at Maersk, said “things have changed dramatically over the past year with the advent of generative AI”, which can be used to build chatbots and other software that generates responses to human prompts.
New supply chain laws in countries such as Germany, which require companies to monitor environmental and human rights issues in their supply chains, have driven interest and investment in the area.
scoutbee raises $60M Series B investment in mission to transform industries with AI-driven supplier discovery
scoutbee Inc. (https://scoutbee.com), the world-leading supplier discovery platform, today closed a $60 million Series B round from new investors, led by Atomico with participation from Lakestar and Next47, and including existing investors HV Holtzbrinck Ventures, 42CAP and Toba Capital. The investment establishes scoutbee as the fastest growing global SaaS procurement platform and, as part of this investment round, Atomico Partner Hiro Tamura will join the company’s board. This investment round brings scoutbee’s total venture capital funding to date to $76 million.
Headquartered in Berlin and Washington D.C., scoutbee’s smart procurement technology is already utilized by major multinationals including Audi, Airbus, Caterpillar and Bosch, as well as 75+ other companies worldwide, to provide them more confident strategic sourcing and purchasing decisions.