Tacto wins Gerhard Cromme as investor
Cromme, former head of Krupp, ThyssenKrupp and Siemens, becomes a member of the Industry Advisory Board.
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In short: Tacto raised $54 million to scale its AI-driven procurement platform and established a high-profile Industry Advisory Board.
Cromme, former head of Krupp, ThyssenKrupp and Siemens, becomes a member of the Industry Advisory Board.
The award recognizes the AI-powered platform Tacto Intelligence for strategic procurement.
It analyzes purchasing data, technical drawings, STEP files, material and manufacturing complexity for a holistic picture and reliable target prices.
AI extracts data from drawings, clusters parts and calculates target prices. Webinar with Hymer on Wednesday demonstrates application.
Tacto helps companies gain insight into their procurement processes and build future-proof supply chains. The Munich-based startup has now raised €50 million.
Germany’s Tacto Technologies, which offers software to manage the complexities of supply chain, has raised €50m (~$54m) in funding.
AI startup Tacto is about to close a $20 million Sequoia round and already has more investors lined up, sources say · German AI supply...
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