WASHINGTON, DC, Pendulum, the leader in real-time planning for the global supply chain, has raised $22 million in total funding to develop the first self-correcting AI platform for supply chains.
The investment includes $11 million in non-dilutive R&D capital and $11 million in venture capital from Lowercarbon Capital, Cross Border Impact Ventures, Decisive Point, Collab Fund, and Blaise Agüera y Arcas, VP/Fellow and CTO of Technology & Society at Google.
Pendulum is AI for strategic business planning so the enterprise can master supply vs. demand. Trusted by industry leaders across retail, healthcare, and national security, Pendulum AI predicts demand, optimizes supply and ensures asset visibility - the AI continuously improving on its own. Pendulum is built on foundation models for supply and demand, developed over years of MIT-grade R&D.
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