Software startup lands million funding to improve container shipping with artificial intelligence

Home > Technology > Software startup lands $3 million funding to improve container shipping with artificial intelligence Technology February 29, 2016 Software startup lands $3 million funding to improve container shipping with artificial intelligence ClearMetal’s latest investors include Google chairman’s personal venture fund. By Ben Ames Two-year-old logistics software startup firm ClearMetal Inc., which wants to apply predictive intelligence tools to container shipping firms such as CMA CGM and Maersk Line, has landed $3 million in seed financing from a group of investors featuring Eric Schmidt, the chairman of Google Inc. parent company Alphabet Inc. The investment comes from three venture capital firms, including New Enterprise Associates Inc. (NEA), SkyView Fund, and Innovation Endeavors, an investment firm funded solely by Alphabet’s Schmidt. “It’s the age-old issue that continues to plague…


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