Hedosophia
Assembly Line
AI-driven supply chain platform Ameba raises $7.1M to boost global expansion
Ameba, an AI-powered platform aimed at transforming supply chain management, has raised $7.1 million in a Seed round led by Hedosophia. Moreover, few other European early-stage investor Visionaries Club reinvested, having led Ameba’s pre-Seed round. Anamcara also participated in this round.
The company, founded in 2023 by Cedrik Hoffmann and Craig Massie, is designed to help brands manage their sprawling supply chains by providing real-time insights through a unified platform. The new funding will enable Ameba to expand into new sectors within the $45.2 billion global supply chain market.
With the $7.1 million Seed round, Ameba plans to accelerate its expansion into industries that are ripe for disruption, including fashion and textiles. Hoffmann, co-founder and CEO, explained, “We want to transform customers’ operations while meeting them where they are currently. With Ameba, we’re turning supply chains from bottlenecks into engines of growth.”
Prewave Raises €63M Series B to Revolutionise Supply Chain Risk Management with AI-Driven Superintelligence Platform
Prewave, the AI-enabled sustainability, risk and compliance platform, has raised €63m in its Series B funding round, led by the global investment firm Hedosophia, with participation from existing investors Creandum, Ventech, Kompas, Speedinvest and Working Capital Fund. The new funding will be used to drive Prewave’s next phase of global growth and to support further product R&D on its proprietary AI technology to deliver the world’s only supply chain superintelligence platform.
Prewave’s end-to-end solution differentiates the company as a category leader. While many providers still rely heavily on manual inputs or legacy technology, Prewave’s next gen platform automatically maps, scores and monitors millions of supply chain nodes. Built on a decade of R&D and data training, Prewave’s academic-bred AI engine accurately identifies risk signals from vast and fragmented data sets made up of news and social media content across 400+ languages; company certifications and annual reports; government and NGO data feeds; and sanction and Politically Exposed Persons (PEP) lists.
Prewave then generates real-time predictive and reactive alerts, along with recommended actions for customers’ supply chains, risky suppliers, and sub-tier networks. By integrating all supply chain risk use cases and enabling effective end-to-end risk management throughout the lifecycle (including identification, tier-n mapping, prioritization, mitigation, and reporting and control), Prewave reduces businesses’ workload by a factor of 40 compared to manual, questionnaire-based compliance approaches.
Xcimer Raises $100 Million to Put Inertial Fusion Energy on Path to Commercialization
Xcimer Energy Inc. announced that it has raised $100 million in Series A financing led by Hedosophia, with participation from investors including Breakthrough Energy Ventures, Lowercarbon Capital, Prelude Ventures, Emerson Collective, Gigascale Capital and Starlight Ventures. Xcimer will use this financing to establish a new facility in Denver, where it will build a prototype laser system including the world’s largest nonlinear optical pulse compression system to advance the development of its transformative technology for laser-driven inertial fusion.
Xcimer’s mission is to extend the proven science of inertial fusion to industrial scale by developing the world’s highest-energy laser system and combining it with key technologies and innovations from multiple fields. It has developed an approach to fusion energy that many experts recognize as having the best long-term economics and therefore most viable commercialization prospects of any fusion approach. Xcimer’s laser architecture will produce up to 10 times higher laser energy at 10 times higher efficiency and over 30 times lower cost per joule than the National Ignition Facility (NIF) laser system that achieved fusion scientific breakeven in December 2022.