Cooperation between Swiss investor and Israeli artificial intelligence startup to drive Amphorica’s international growth, with a focus on correcting inefficiencies and unresolved disruptions in logistics, transportation and supply chains
TEL AVIV, Israel and ZURICH, November 17, 2021 / PRNewswire / – Falco Capital and Amphorica jointly announce today that they have entered into a capital investment and cooperation agreement. As part of the agreement, Amphorica appoints Falco Capital as partner Pierre Salzer, as director of the board of directors of the company.
“We are delighted to have Falco Capital as a value-added investor. Falco Capital not only provides financial resources, but the team brings highly relevant experience and an extensive industry network to our accelerated growth, ”said Raviv Yatom, Co-Founder and CTO of Amphorica. .
“Amphorica’s founding team and mission are well aligned with our own philosophy and investment outlook,” said Ferdinando “Nani” Falco Beccalli, Partner at Falco Capital and former President and CEO of GE International . “We look forward to working with Amphorica to deliver high value and mutually beneficial results in the short and long term. “
Specific details of the deal are not being disclosed, but the parties confirm that as a lead investor in the current cycle of Amphorica, Falco Capital has already contributed to a significant increase in the valuation of the startup and is expected to contribute to stimulate the international growth and profitability of Amphorica.
About Falco Capital
Falco Capital AG is an operational investment partnership, which supports high growth companies and manages minority investments as well as complete business acquisitions. Falco Capital takes a long-term sustainable approach, prioritizing the potential for operational improvement and sustainable financing solutions, in order to increase the value of the companies in its portfolio for all stakeholders involved.
Amphorica is a “deep technology” company, dedicated to AI for the optimization and automation of logistics. The company’s Amphorica platform offers core SaaS technology products, solutions and tools, powered by its unique analytical algorithm engine. The Amphorica platform is designed to help logistics users and third party logistics service providers (e.g. last mile delivery, FTL and LTL trucking, air cargo providers and freight forwarders) increase their resilience operational, to mitigate risks, to improve the quality of service and profitability.
(Note: Incorporated under the name “Casesense Technologies Ltd”, the company operates exclusively under the Amphoric™ Mark)
Amphoric™ is a registered trademark of Casesense Technologies Ltd. (ADBA “Amphorica”) in Israel and other countries.
For sales and other non-press related inquiries, please contact: [email protected] or visit www.amphorica.com
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