Ameba, a London-based AI startup focused on supply chain management, has successfully raised $7.1 million in a seed funding round led by Hedosophia.

Ameba's technology addresses these challenges by reducing manual data input by 30% and improving on-time delivery rates, which can lead to operational cost savings of up to 20%.

Ameba's platform is particularly beneficial for industries like fashion, which are under intense pressure for digital transformation and face complex supply chain challenges.

Founded in 2023 by Cedrik Hoffmann and Craig Massie, Ameba aims to provide brands with real-time insights into their supply chains by automating data extraction from various sources.

The platform is co-founded by Hoffmann, a former supply chain director at VALOREO, and Massie, a former engineer at Palantir, bringing significant expertise to the venture.

Supply chain inefficiencies are a major concern, with reports indicating that 50% of supplier orders are delayed, leading to substantial revenue losses for businesses.

These disruptions not only affect individual companies but also have broader economic implications, contributing to a 62% average loss for businesses and negatively impacting global GDP growth.

The platform enhances visibility into supply chain sustainability efforts, helping brands predict disruptions and react to bottlenecks effectively.

Ameba has gained traction in the consumer goods and home decor sectors, assisting companies like Plank in managing over 300 products and identifying critical delays.

Isabella Yamamoto from Visionaries Club highlighted the increasing complexity and fragmentation in supply chains, emphasizing the need for innovative solutions.

With 40% of customers willing to switch brands if their preferred items are out of stock, effective inventory management is crucial for maintaining competitive advantage.

The platform also supports sustainability goals and regulatory compliance, including the EU's Digital Product Passports, by simplifying supply chain processes.