Prewave
Company

Last deal

$56.8M
Local Amount - EUR 63M

Amount

Series B

Stage

25.06.2024

Date

5

all rounds

$83M

Total amount

General

About Company
Prewave predicts supply chain risks using social media data.

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Also Known As

Prewave.ai, Prewave.com

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The Austrian startup, Prewave, offers a supply chain risk intelligence solution that helps purchasing, supply chain management, and sustainability managers monitor and predict risks in their supply chains. Using advanced machine learning algorithms, Prewave analyzes social media data to identify potential risks and provide early warnings to its clients. The startup has been incubated by TUW i2c and is a spin-off from the Technical University of Vienna. Additionally, Prewave has received support from AWS - Austria Wirtschaftsservice. With the upcoming Lieferkettengesetz (Supply chain due diligence law), Prewave's sustainability monitoring can help companies prepare for compliance.
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