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Funding
Sensos raises USD 20 million in Series A funding to support product development and go-to-market efforts
Supply Chain Tech
Feb 7, 2024
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Supply Chain Tech

Supply Chain Tech

Feb 7, 2024

Sensos raises USD 20 million in Series A funding to support product development and go-to-market efforts

Funding

  • Sensos, a smart logistics firm that was spun off from Sony Semiconductor Israel, has raised USD 20 million in a Series A funding round. The round was led by Mitsui-backed Magenta Venture Partners and saw participation from JAL Ventures, Israel Cargo Logistics, and Sumitomo Corporation.

  • The funds are expected to be used to scale up Sensos' proactive supply chain management solution and support its go-to-market efforts.

  • Sensos, a company specializing in supply chain management, offers a SaaS-based control tower named "Sync" that integrates with the Sensos disposable cellular label. This innovative approach provides businesses with a unified, real-time view of any shipment or inventory through an intuitive interface.

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