The Spanish company Imperia has raised more than 10 million euros (about $10.5 million) as part of a Series A financing round to fuel the international expansion of its supply chain management software.
The mentioned firm will use the received funding to improve the predictive capabilities of its software with artificial intelligence and advanced analytics. Part of the funds will also be leveraged to increase the size of the company’s international team and expand to the United Kingdom, Italy, and France. The relevant information is contained in the press release of Imperia, which was published last Tuesday, February 18.
Enhanced predictive capabilities will allow the company’s clients to optimize costs and manage risks more effectively. The relevant information is contained in the press release.
Imperia’s supply chain management (SCM) solution is a software-as-a-service (SaaS) offering designed for both small and medium-sized businesses (SMBs) and large enterprises. This information is published on the company’s official website. The mentioned solution encompasses demand, procurement, and production planning.
The press release noted that the funding round, during which the company received more than 10 million euros, was co-led by Burda Principal Investments and Samaipata.
Burda Principal Investments said that Imperia’s modular SaaS platform enables businesses of all sizes to improve their efficiency and resilience by replacing outdated manual processes with fully digital, artificial intelligence-powered workflows.
As we have reported earlier, Blockaid Raises $50 Million.
