Simya VC has invested $700,000 in Eluvium, an AI-driven startup focused on automating sales and operational workflows in the manufacturing sector, signifying a commitment to future technologies and digital transformation in Turkey.
Target Information
Eluvium is an innovative startup focused on leveraging artificial intelligence technologies to streamline sales, operations, and supply chain processes for producers. Currently, many producers rely heavily on emails and spreadsheets to manage these aspects, resulting in inefficiencies, increased costs, and slower decision-making. Additionally, missed emails can lead to delayed deliveries, further disrupting operations.
By employing AI agents, Eluvium addresses these challenges by automating workflows related to sales, operations, and supply chain management. The solution eliminates tedious tasks such as order processing and manual coordination while seamlessly integrating with existing Manufacturing Execution Systems (MES), Material Requirements Planning (MRP), and Enterprise Resource Planning (ERP) systems.
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Industry Overview in Turkey
The digital transformation landscape in Turkey is rapidly evolving as industries recognize the critical importance of innovative investments, particularly in technology. The shift towards In
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Simya VC
invested in
Eluvium
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $1M