ChAI: London AI startup raises funds from Passion Capital and MMC - Business Insider

This story requires our BI Prime membership. To read the full article,London-based AI startup ChAI has just raised a $1.7 million seed round from three of Europe's top early-stage investors.

ChAI was founded 10 months ago and raised funds from Passion Capital, MMC Ventures, and Dynamo Ventures. Physical commodity traders alone bring in $100 billion a year of revenue, per Natural Resource Governance. The company combines a variety of data sources into its platform which includes satellite data, infrared technology, alongside port and freight information alongside a number of other options.

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