Pendulum, a Washington, DC-based firm which focuses on real-time planning for the worldwide provide chain, raised $22M in complete funding.
The funding included $11M in non-dilutive R&D capital and $11M in enterprise capital from Lowercarbon Capital, Cross Border Impression Ventures, Decisive Level, Collab Fund, and Blaise Agüera y Arcas, VP/Fellow and CTO of Expertise & Society at Google.
The corporate intends to make use of the funds to develop operations and its growth efforts.
Led by CEO Benjamin Thelonious Fels, Pendulum is advancing AI for strategic enterprise planning so the enterprise can grasp provide vs. demand. Utilized by business throughout retail, healthcare, and nationwide safety, the AI predicts demand, optimizes provide and ensures asset visibility, whereas the AI repeatedly enhancing by itself.
Pendulum is constructed on basis fashions for provide and demand, developed over years of MIT-grade R&D.
The corporate additionally introduced the addition of Jean-François Gagné, co-founder of Factor AI, as Chief Technique and Product Officer.
FinSMEs
06/02/2025
