A prominent software-as-a-service platform dedicated to improving supply chain sustainability has successfully raised $15 million in its latest funding round. This investment will accelerate the development of advanced solutions aimed at enhancing transparency and efficiency in the fashion and textile industries.
The new funding will support the incorporation of artificial intelligence and process automation to streamline sustainability management and help companies meet evolving regulations. A key initiative includes creating an easy-to-use digital product passport that will boost consumer engagement and strengthen the connection between brands and their customers.
The platform has also launched a new tool powered by artificial intelligence to improve sustainability performance, simplify audit processes, and minimize compliance risks. With numerous brands already leveraging this technology to collaborate with their suppliers, this investment marks a major step toward building more resilient and sustainable supply chains.
In addition, a newly released guide provides valuable insights into managing risks and improving transparency across supply chains. This resource outlines key global regulations and effective data collection strategies, helping businesses tackle sustainability challenges and enhance their positive impact throughout the value chain.
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