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Venture Capital News: PAXAFE Raises $2.25M Seed Funding Round

2021-04-16
MILWAUKEE, WI, PAXAFE announced a $2.25 million seed round of funding led by Ubiquity Ventures.
PAXAFE, an AI and machine learning start-up, announced a $2.25 million seed round of funding led by Ubiquity Ventures, bringing funds raised to date to over $3.2 million.

PAXAFE has developed a contextualization platform that enables predictive routing, time of arrival and adverse event prediction for B2B shipments. PAXAFE's platform decreases cargo loss while improving operational efficiencies.
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