Seedna Communications Raise $ 10 million Million for its marine technology platform
London -based Seedna Communication LimitedAn AI-driven workflow automation platform focused on the Global Trade and Supply Chain Market has announced today that Million has earned $ 10 million from CIBC Innovation Banking.
Funds will drive the AI innovation, expand the integrity of the platform and support the sustainable growth in Seda’s customers to better serve.
Robert ScottSeda’s CFO, said: “Protecting the financing from CIBC Innovation Banking is a proof of Seda’s strong market position and continued speed. In a sector where skills and speed are critical, this fund enables our cutting edge technology to accelerate our investment in technology and scales our influence throughout the global trade and supply chain industry.
“The CIBC has proved as a dynamic and strategic financial supplier, offers flexibility and industry skills that can achieve success in high-growing companies like oursThe “
Established in 2017, Seedna Marine and Supply Chain businesses help extract important data from emails – the primary method of industry communication – to flow and integrate the business decisions.
The insights are supported by the partners, the sedner platform flows to the high volume, flowing the complex work flow for shipping, logistics, freight forwarding and supply chain management.
It is reported to have the largest customer base for marine communication including port agents, Vessel operators, charters, brokers and IT managers.
According to the statistics given by Seedna, the sedner’s AI-powered platform may increase the operator’s capacity by 200% and can achieve an 80% productivity increase, saving each team member 10 hours per week on an average.
In November 2021, Nordic, a leading expert in Email Management Solutions, strengthened his ability with the acquisition of IT. This strategic action, in combination with the rapid growth of the sedner, has placed the company as the dominant supplier of marine email solutions, which has protected the largest customer share in the market.
Shan doffCIBC Innovation Banking’s UK and Managing Director of Europe says: “The marine and supply chain industry is such an integral part of global trade and the focus of this success. The sedner solution enables the art players of the industry to make the right people to reach the right people at the right time, enabled to make timely decisions. We are proud to support Sedona’s growth journey.
CIBC Innovation Banking has 25 years of special experience in Growth-Stage Technology and Life Science companies across North America. CIBC Innovation Banking now has $ 9.8 billion funds operated by Life Sciences, Healthcare, Clintac Companies, Investors and Entrepreneurs, and has helped more than 700 initiatives and private equity-supporting business in the last six and a half years.
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