Venti Technologies Announces $8 Million Funding To Continue Scaling Its Autonomous Mobility For Logistics, Supply Chain And Transportation Markets
Venti Technologies Announces $8 Million Funding To Continue Scaling Its Autonomous Mobility For Logistics, Supply Chain And Transportation Markets
07/20/21, 12:10 PM
Location
bostonMoney raised
$8 million
Venti Technologies, the leader in safe-speed autonomous logistics systems, today announced that it has secured approximately $8 million in a seed round funding. The financing round was led by LDV Partners and Alpha JWC Ventures, leaders in supporting pioneering technical teams to build winning companies in their spaces. The investment will further Venti’s leadership in producing AI-enabled autonomous logistics transport, including fulfilling new and existing customer agreements with PSA Corporation, a global ports operator with 60 ports under management; automotive manufacturers including SAIC Volkswagen and SAIC-GM; the world’s largest automotive logistics provider, SAIC Anji Logistics Tech, and Seedland, a top Asian real estate developer and operator.
Company Info
Location
boston, massachusetts, united states
Additional Info
Based in the U.S. and Asia, Venti Technologies is a safe-speed autonomous mobility company developing the future of transportation for moving goods and people. Using rigorous mathematical modeling, deep learning, and theoretically-grounded algorithms, Venti has developed a proprietary collection of autonomy technologies, including a suite of special purpose logistics algorithms. Venti’s proven value proposition of saving costs, increasing vehicle utilization, improving safety and providing COVID-friendly autonomous vehicles is recognized by customers and driving growth. Launched in 2018, Venti brings together an unsurpassed team internationally. The company currently has autonomous systems deployed in Asia for industrial, logistics, residential, and recreational sites, as well as a growing pipeline in the global logistics marketplace. For more information please visit www.ventitechnologies.com.