AI startup Keychain raises USD 30 million Series B funding

AI startup Keychain raises USD 30 million Series B funding - Portugal Business News

Tech Startup Investment News - AI startup Keychain raises USD 30 million Series B funding.

US AI startup Keychain just raised USD 30 million Series B funding backed by Wellington Management, alongside existing investors including Portuguese VC Bright Pixel Capital, and BoxGroup.

With this new funding round, AI-powered manufacturing platform Keychain is launching KeychainOS, the first AI operating system built specifically for CPG manufacturing. Deployed in days, it helps manufacturers increase efficiency, reduce waste, and gain real-time visibility across operations.

Within just 18 months, Keychain has won the trust of 8 of the top 10 retailers, including Whole Foods Market and 7-Eleven, as well as 7 of the Top 10 Consumer Packaged Goods (CPG) brands, including General Mills.Keychain is the world's first comprehensive platform for CPG manufacturing. Keychain's proprietary, AI-powered platform helps brands and retailers quickly find the perfect manufacturing partners.

The US tech startup was founded in 2023 by veteran operators Oisin Hanrahan and Umang Dua (Handy/Angi). They are joined by co-founder Jordan Weitz, who brings extensive experience in the CPG sector.