Intropy

London-based AI supply chain tech startup Intropy has successfully raised £8.17 million ($11m) in a seed funding round. This capital injection will be used to accelerate product development, expand its engineering and machine learning teams, and facilitate its expansion into the US market with a new office in New York.

Summary of transaction details:

• Value: £8.17 million ($11 million)
• Sector: DeepTech & AI, Supply Chain Technology
• Advisor: Not mentioned
• Key Entities: Intropy (Target), Felix Capital (Lead Investor), Quiet Capital, General Catalyst, firstminute capital (Investors)
• Location: London (Target), New York (Expansion)

Note: The funding round highlights significant investor confidence in Intropy's AI-native platform, which aims to automate complex decision-making processes in the global spare parts industry, replacing manual workflows and addressing a long-overlooked sector with advanced technological solutions.