£2.0M
The seed round was led by Seraphim Space to support the development of new commodity risk insurance products.
"Welcome to Insurtech Gateway ChAI. Industrial supply chains face increasing price volatility in commodities with the majority unable to access hedging tools. ChAI solves this problem through a smart price protection solution backed by insurance. We are delighted to help you prove out and scale this model. We were really impressed by ChAI’s deep data insights into market and pricing dynamics."
CA
Commodities AI—London, UK
