New AI port optimisation engine secures almost US$1m in seed funding
eYard, a new cloud-based artificial intelligence (AI) power optimisation engine that helps container terminal operators to reduce costs and improve operational efficiency, has raised €800k (US$950k) in a new round of funding.
The financing was led by Mundi Ventures, an international Venture Capital fund, with participation from Hamburg-based NLA, and two global maritime groups.
Financing from the round will be used to continue the global expansion of eYard, to hire key individuals in the product development side as well as to facilitate client integrations.
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