Startup Flowlity, incubated at Agoranov in 2019, announces a €5M fundraising round.
Flowlity develops a SaaS solution optimizing inventory levels for manufacturers and distributors through AI.
This round of financing will enable the startup to deploy its solution in Europe, particularly in the UK, Germany, Benelux, Switzerland and Austria.
"We will be able to support a growing number of European companies in their planning challenges and help them reduce scrap and waste, thus contributing to reducing the carbon footprint of our customers" comments Jean-Baptiste Clouard, CEO and co-founder of Flowlity.
The round of financing was carried out with investors Fortino Capital, 42Cap, OSS Ventures, as well as the BPI.
"We believe Flowlity has a clear strategic direction and an experienced team to accelerate the transformation, digitization and optimization of supply chains across Europe and thus facilitate a more robust economy," says Filip Van Innis, Investment Director at Fortino Capital.
Congratulations to Jean-Baptiste Clouard and Karim Benchaaboun and the entire team!
For more information :
Les Echos : https://bit.ly/3NbULKA