Investment in Keelvar by Elephant Partners, Mosaic Ventures and Paua Ventures
Sector: Artificial intelligence supply chain software
Year: 2020
A US$18 million investment in Keelvar led by US venture capital firm, Elephant Ventures, and London-based venture capital firm, Mosaic Ventures with participation from German venture capital firm, Paua Ventures. Keelvar, a University College Cork spin-out currently manages over $90 billion in spend annually for blue-chip clients, including Siemens, Coca-Cola, Novartis, BMW, and Samsung. The investment will support Keelvar’s expansion plans for Europe and the US, amid the rapidly growing need for supply chain automation solutions.
![Investment in Keelvar by Elephant Partners, Mosaic Ventures and Paua Ventures](https://sp-ao.shortpixel.ai/client/to_webp,q_glossy,ret_img/https://reganwall.ie/wp-content/uploads/2020/11/Keelvar.png)
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