Supply chain management platform Altana AI has secured USD 200 million in Series C funding led by the US Innovative Technology Fund, with participation from March Capital, Generation Investment Management, Salesforce Ventures, Friends & Family Capital, and existing investors. The round valued the company at USD 1 billion, elevating it to a unicorn status. This round also brings the total funds raised by the company to USD 322 million.
The company plans to use the funding to further develop its platform, which provides deep insights and visibility into managing global value chains, from sourcing raw materials to production and sale.
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