A naukri.com initiative
Eu-Startups
3w
22
“From the shop floor to the boardroom” – Paris-based Pelico raises €34.7 million to advance GenAI in its Supply Chain Orchestration platform
- Pelico, a French Supply Chain Orchestration platform, has raised €34.7 million in a strategic financing round led by General Catalyst to expand in North America.
- The funding round, which included investors 83North and Serena, brings Pelico’s total funding to €62.6 million.
- Founded in 2019, Pelico aims to address operational challenges in supply chain management by providing a real-time, AI-powered platform.
- The company has offices in Paris, Miami, and Frankfurt and caters to global manufacturers like Airbus, Safran, Eaton, and Daikin.
- Pelico's platform has enabled customers to reduce parts shortages by 40%, increase on-time deliveries by 15%, and cut MRO cycle times by 40%.
- The company has seen significant growth, with 300% revenue increase year-over-year, and has tripled its headcount since 2022.
- Pelico plans to use the recent funding to accelerate expansion in North America, hire in data science and engineering, and invest in Agentic AI for smarter supply chains.
- Investors like General Catalyst and Microsoft recognize Pelico's potential to transform manufacturing operations through AI-driven insights and optimization.
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