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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 11 sources · 23 days · First seen · Last updated
Atomic startup supply chain automation funding
Overview
Atomic, a Boston-based startup founded by former Tesla executives, has secured $12.5 million in Series A funding to develop AI-driven supply chain automation. This investment, led by Klass Capital and Madrona Venture Group, brings the company’s total funding to over $15 million.
The company is developing an “agentic” software system designed to replace traditional spreadsheets by simulating scenarios and making autonomous decisions regarding inventory and distribution. The technology was inspired by production challenges experienced during the 2018 Tesla Model 3 ramp. Atomic currently serves clients including DoorDash and HelloFresh, reporting that its annual recurring revenue has quintupled since the beginning of the year.
Entities
Uber · Travis Kalanick · Tesla · Atomic · HelloFresh
Timeline
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[BUSINESS] 4 sourcesAtomic raises $12.5M to automate supply chains with AI
Supply chain startup Atomic has raised $12.5 million in Series A funding to automate inventory management using AI, serving major clients like DoorDash and HelloFresh.
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Sources
blocktempo.com · dirigentesdigital.com · epocanegocios.globo.com · it-boltwise.de · menosfios.com · ocafezinho.com · prodiris.fr · pulse2.com · sbctv.gr · siliconangle.com · techcrunch.com