Altana AI

Altana AI develops the “Altana Atlas,” a dynamic and intelligent map of the global supply chain that aims to provide businesses, governments, and logistics providers with insight and control over their supply networks.

The Altana Atlas uses AI and data from a vast network of public and private supply chains to offer services such as trade compliance automation, national security threat detection, forced labor elimination, environmental impact measurement, real-time risk and opportunity identification, and internal/external collaboration. The platform provides multi-tier visibility to supply networks, facilitates decision-making, and enhances network collaboration. It also enables traceability across the supply chain by providing visibility on how products are transformed from raw materials to finished goods at every node of the supply chain. The platform also facilitates global trade through automated customs classification and AI-powered trade facilitation.

In 2022, the company claimed that it was growing at 12x–15x and that it planned to expand its workforce to 110 by the end of 2022. Also, in July 2024 the company was valued at USD 1 billion.

Key customers and partnerships

As of October 2023, the company’s customers included Boston Scientific, PROLOGIS, MAERSK, HM Government, LLOYD’S, US Department of Homeland Security, US Department of Defense, and L.L. Bean.

In February 2022, the company partnered with Chain.io to help governments and the private sector improve cross-border trade. The collaboration was expected to assist customs authorities, global logistics providers, and shippers worldwide to fast-track safe and compliant shipments, automate customs classification, and identify high-risk shipments that require inspections. Also, in November 2023, the company partnered with Dataminr to develop a dynamic, AI-driven system that flags and analyzes potential global supply chain risks such as natural disasters, public health threats, and geopolitical events.