Top 10 Startups developing AI for Logistics

Updated: February 27, 2024

AI can deliver enormous benefits to supply chain and logistics operations, including cost reductions through reduced redundancies and risk mitigation, improved forecasting, faster deliveries through more optimized routes, improved customer service, and more.
1
Country: Canada | Funding: $602.6M
SCALE AI is an industry-led consortium that shapes a new global supply chain platform. Scale AI also works with US Department of Defense to test generative AI models for military use.
2
Country: Israel | Funding: $260M
Optibus is a developer of an AI-enabled SaaS platform for planning and running mass transportation.
3
Country: USA | Funding: $222M
Covariant is building universal AI that allows robots to see, reason and act on the world around
4
Country: USA | Funding: $122.9M
Gatik AI is the autonomous vehicle startup that’s aiming for the sweet middle spot in the world of logistics
5
Country: USA | Funding: $122M
Altana’s Trusted Commerce Platform helps businesses and governments collaborate through a shared source of truth on the global supply chain.
6
Country: India | Funding: $78.8M
Locus is an intelligent decision-making and automation platform for logistics. It uses AI to help businesses map out their logistics
7
Country: Israel | Funding: $75.7M
NoTraffic develops AI-based traffic management platform
8
Country: India | Funding: $49.6M
LogiNext is a leading global enterprise SaaS company for field service and logistics optimisation, using data analytics and machine learning algorithms to optimise movements across the globe.
9
Country: Estonia | Funding: $41.9M
Eurora develops AI-based system to automate EU e-commerce shipping compliance
10
Country: USA | Funding: $37.5M
Pickle Robot builds autonomous parcel handling robots for brownfield facilities that palletize, depalletize, sort, and singulate.
11
Country: USA | Funding: $36.8M
Aquifi combines 3D vision and machine learning to solve problems in logistics, industrial automation, quality control and inspection.
12
Country: China | Funding: $36.8M
Venti Technologies is an autonomous vehicles developer company that develops autonomous logistics systems for moving goods and people.
13
Country: India | Funding: $31.6M
Shipsy has a full stack of software and analytics solutions that cater to the logistics industry in general and the express (SLA bound) segment in particular. Its predictive analytics engine uses powerful Machine Learning algorithms to provide visibility on ETAs, operational performance, customer behavior and a host of other metrics.
14
Country: Colombia | Funding: $30.1M
Kiwibot develops friendly semi-autonomous delivery robots. It aims to make logistics, technology, and delivery accessible to everyone.
15
Country: USA | Funding: $19.9M
Populus is a platform for cities to manage the future of mobility.
16
Country: UK | Funding: $20.4M
The first supply chain management system to shorten the time between strategic decision making and next best action.
17
Country: Singapore | Funding: A$17.1M
Yojee’s web-based cloud solution helps small, medium and large enterprises in the Logistics industry to achieve greater levels of efficiency and digital automation. Our software is powered by Artificial Intelligence (AI) and Machine Learning (ML) for world-class fleet management and optimisation, helping you gain greater time and cost efficiencies.
18
Country: USA | Funding: $10M
Marble creates a fleet of intelligent courier robots to reliably and securely transport the goods that people need and want.
19
Country: Bulgaria | Funding: €9M
Transmetrics solution provides cargo companies with data cleansing, demand forecasting and network optimization based on AI and predictive analytics.
20
Country: Germany | Funding: €2.4M
Evertracker offers a platform technology that matches Internet of Things applications with Artificial Intelligence. It enables movable and inaccessible objects to communicate to revolutionize logistics and supply chains.
21
Country: Kazakhstan | Funding: $450K
Solai is a cloud service that uses AI to generate optimal routes and helps companies to reduce operating costs on the last mile delivery.
22
Country: Germany
Cargonexx has developed an artificial neural network to predict spotmarket prices for longhaul trucking. This artificial intelligence enables Cargonexx to provide a new service: Oneclick - Trucking. A freight forwarder enters a truck load into cargonexx, instantly gets a price and confirms with one click. Cargonexx takes over the load as a fully responsible freight forwarder.
23
Country: India
Barcode India (BCI) is a provider of advanced supply chain management software and hardware including integrated machine vision systems.