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We’re proud to announce that procurement sciences has closed $30 million in series b funding, led by catalyst investors, with participation from battery ventures, bosch ventures, citi, tower research ventures, blu ventures, k street capital, and strategic angel investors. The company's flagship product, awarded ai, is built to manage the entire contract lifecycle Procurement sciences, a government contracts software developer, secured a $30 million series b led by catalyst investors, founder and ceo christian ferreira tells axios pro.
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Ai is transforming the way government and industry operate. Investment in subsea cable projects is expected to reach $13b between 2025 and 2027, almost 2x the amount invested between 2022 and 2024, driven by ai buildout — over 95% of international data and voice call traffic travels through nearly a million miles of underwater communication cables.
