Parisian startup Pelico has announced raising a $18.5 million round for its supply chain management software proposition.
The round was led by VCs Serena Capital and 83North.
Pelico also raised funds from La Famiglia, ISAI, and a slate of angel investors, including Adrien Nussenbaum (of e-commerce stock marketplace Mirakl) and Carsten Thoma (software for omnichannel product marketing management at SAP’s Hybris.)
With its smart digital companion, Pelico aims to be the modern factory’s “operational management system”, drawing on data and AI to anticipate part shortages as well as simulating logistics strategies to estimate the impact on production lines.
Since its inception three years ago, Pelico has ramped up outreach and now counts various German, French and Swiss factories as customers, and in a wide range of industries.
The $18.5 million round will allow Pelico to concentrate on technology enhancements and products, taking its intelligent supply chain assistant into more factory use cases.
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