AI supply chain platform Corvera has landed another £3m in seed funding to accelerate its expansion.
Better Nature co-founder Chris Kong launched the tech firm in October to support consumer packaged goods brands. It previously raised £1.5m in January to support the rollout of the AI platform, which has been designed to fully automate supply chains and operations for fmcg businesses in the UK and US.
The money will be used to scale the startup’s platform, hire additional staff and build the customer base.
The latest round was led by 6 Degrees Capital, with participation from more than 20 venture capital and angel investors, including 20VC, Rebel Fund, Duke Capital Partners and Multimodal Ventures. It follows Corvera’s participation in Y Combinator’s tech accelerator programme in California.
Corvera is based in San Francisco and led by Kong, alongside co-founders Dirk Breeuwer, a former data, analytics and AI lead at Google; Matthew Collins, a Princeton University computer science graduate; and Berk Güngör, an AI and machine learning specialist.
“Every day, CPG brands spend countless hours on back-office workflows that could otherwise be handled autonomously and flawlessly by AI agents,” Kong said. “We’re here to make this a reality, enabling brands to invest more time into what truly makes them special and valuable.
“Our objective isn’t to replace existing tools or force our customers to ‘lift and shift’ systems. Instead, we act as the bridge between various systems and automate the manual work required to operate them. By reducing the reliance on human middleware, we enable more resilient, proactive supply chains with fewer errors and better service levels.”
The Corvera platform sits on top of existing systems, with AI agents executing tasks usually undertaken by a human, including processing sales orders, forecasting demand and managing inventory.
6 Degrees Capital principal Christina Franzeskides added: “We’re thrilled to back Corvera and the exceptional team behind it, who bring rare first-hand experience building and scaling CPG brands. From day one, their clarity of thought and bias toward execution stood out. In today’s fast-moving AI landscape, speed of execution is the ultimate differentiator – and we believe Corvera has the team and product to lead this category.”
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