EUR 2.5 million for Synfioo
The German start-up Synfioo is expanding its supply chain visibility platform for monitoring intermodal supply chains. Btov’s Industrial Tech Fund and Senovo joined existing investors as co-leaders in a financing round concluded in April.
Synfioo’s solution includes an algorithm that calculates possible sources of disruption on the transport route from large amounts of data and, if necessary, alerts all parties involved at an early stage. By doing so, the company tackles the classic difficulties of non-transparent supply chains by displaying real-time transport information to all involved companies on the cloud-based platform.
With the additional capital, Synfioo intends to further develop and professionalise its brand. Sales will be further strengthened and the company will grow overall. (mw)