ZIM a Tel Aviv, Israel -based, Data Science Consulting Group (DSG), a leading technology company specializing in AI (Artificial Intelligence) based products, solutions, and services, has announced that they have closed a $6 million Series A. financing round whereby ZIM made a capital investment in DSG, which constitutes the first major equity investment in DSG.
DSG expects to use the proceeds of this ZIM investment to, among others, bolster the development of evolving, its holistic AI governance and decision management system, and to expand its operations and presence to additional territories around the globe.
Company: ZIM Integrated Shipping Services Ltd.
Raised: $6.0M
Round: Series A
Founding Month: June 2022
Lead Investors: undisclosed
Additional Investors: undisclosed
Company Website: https://www.zim.com/
Software Category: AI products, Solutions, and Services
About Company: Founded in Israel in 1945, ZIM (NYSE: ZIM) is a leading global container liner shipping company with established operations in 100+ countries serving more than 25,000 customers in over 300 global ports. ZIM leverages digital strategies and a commitment to ESG values to provide customers innovative seaborne transportation and logistics services and exceptional customer experience. ZIM's differentiated global-niche strategy, based on agile fleet management and deployment, covers major trade routes with a focus on select markets where the company holds competitive advantages
Source: https://www.prnewswire.com/il/news-releases/zim-and-data-science-consulting-group-dsg-announce-the-closing-of-a-6-million-investment-by-zim-in-dsg-301571789.html