The London-based startup raised £1.9m from a syndicate including ACF Investors and Supernode Global to fuel international expansion and product development.
"Let’s face it – making plans with friends can be draining. The faff of finding a time that works for everyone and then agreeing what you’re doing and where you’re doing it usually stops the majority of plans from happening."
Stratasys led the investment round with a strategic contribution.
"We are proud to be partnering with Stratasys, and have always believed in their technology and, more importantly, their vision for 3D printing in healthcare,"
Speedinvest and Frontline Ventures co-led the seed round to support commercial growth.
"There is huge potential in using machine learning to discover new patterns in supply chains that can revolutionise business. The latest developments in deep learning make it possible to capture these patterns through algorithms and identify the most influential factors in supply chain ecosystems, while constantly learning in the process. Gaurav, Dongho, and the entire Solvo.ai team have a highly complementary mix of charisma and ambition, combined with serious technical capabilities. We are very excited to back them in building the leading AI platform in the supply chain industry,"
The seed round was led by RET Ventures to support sales expansion and product development.
"Just a few years after its launch, Travtus has gained significant traction in the market because of its sophisticated machine learning approach and wide variety of applications for property managers,"
Dawn Capital led the Series D round with participation from Atlas Merchant Capital, GSquared, and King River Capital.
"We’ve always been strategic about our approach to fundraising, and closing our highest-ever funding round in a challenging environment for raising capital reinforces the strength of our embedded business model,"