Leading Startup Venti Technologies Announces A Huge $28.8 Million Funding to Automate Global Logistics and Industrial Hubs
Venti Technologies, a pioneer in autonomous logistics for global supply chains and industrial hubs, has secured $28.8 million in a Series A funding
Venti Technologies is a Leading provider of autonomous logistics for industrial hubs and the world’s supply chains. Ports, airports, industries, and warehouses are among the heavy logistics yards and hubs on which the organization focuses.
Venti has created a wide proprietary platform of autonomy technologies, including a set of potent logistics algorithms, using mathematical modeling, deep learning, and theoretically supported algorithms.
“With this new round of funding, we are well-positioned to broadly deploy our autonomous logistics solutions to power safer and more efficient global supply chains and industrial yards, our autonomous vehicles have industrial-grade precision in everyday operating environments and are already successfully in use. We have the potential to revolutionize goods transportation and are excited to be working with partners around the world to make this vision a reality.”
said Heidi Wyle, Founder, and CEO.
With participation from Safar Partners, UOB Venture Management, and current investors Alpha JWC and LDV Partners, the round was organized by LG Technology Ventures, the venture capital arm of the LG Group with a base in Silicon Valley.
The money will be utilized to speed up Venti Technologies expansion and satisfy rising client demand across the globe.
No modifications to the current infrastructure are needed for Venti’s full-scope autonomy solutions to operate with any vehicle in any logistical or industrial center.
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