Pactum Raises $20 Million in Maersk-Backed Funding to Grow AI Deal-Making

Supply disruptions may be cooling down as the global economy downshifts, but the tech revolution in logistics is just heating up.

A group of investors including the venture arm of shipping giant Maersk is providing $20 million in funding to Mountain View, California-based Pactum, which offers AI-powered software that helps big companies like Walmart automate routine supplier negotiations.