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Stock impact report

Ship Angel raises $5M, launches two new products for BCOs [Yahoo! Finance]

The Descartes Systems Group Inc. (DSGX) 
Last the descartes systems group inc. earnings: 3/4 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: descartes.com/descartes/investor-relations
Company Research Source: Yahoo! Finance
Partners with participation from Bienville Capital, Socii Capital and Plug and Play, to continue building out new AI-powered products for beneficial cargo owners. Two of those new products were announced Tuesday as well. “Ship Angel's best-in-class AI-native software, industry expertise, and focus on delivering an exceptional user experience will set a new standard for the global digital shipping industry …” said Rudina Seseri, founder and managing partner of Glasswing Ventures, in a news release. “The team recognizes first-hand the biggest headaches in the industry and has a strong plan for how to leverage AI to positively impact the day-to-day work of BCOs.” Over the past few years, the global shipping industry has faced significant challenges, including container shortages, high freight rates and geopolitical disruptions. In response, FreightTech entrepreneur Graham Parker launched Ship Angel in July 2023 after selling his previous venture, Kontainers, to Descartes Systems Gr Show less Read more
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