Reported 1 day ago
Nexcade, a London-based startup, has emerged from stealth mode with a mission to fully automate global freight forwarding using AI, following a $2.5 million pre-seed funding round. Despite years of promised digitization in the industry, many freight forwarders still rely on manual processes and spreadsheets. Nexcade aims to disrupt this by creating a platform that captures unstructured communication and transforms it into efficient workflows, enabling faster decision-making and improved profitability. The timing of Nexcade's launch aligns with the industry's growing willingness to adopt advanced technology, particularly AI, amid rising operational complexities and competitive pressures.
Source: YAHOO