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(SNDR) - 40 Years In The Making, Optimal Dynamics Takes 'High-Dimensional AI' Mainstream

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Forty years hardly makes a startup, but that s exactly what Optimal Dynamics is. The New York-based company is seeking to flip the script on what artificial intelligence can do in a logistics environment, and it is starting with technology that has its roots at Princeton University, nearly 40 years ago.
Created by Warren B. Powell, the technology is unlike any other AI technology currently in use in trucking, says Daniel Powell.
Daniel Powell and his father, Warren, have taken the work Warren developed and tested over many years at Princeton, modified the technology and are now using it – what they call high-dimensional AI – as the basis for Optimal Dynamics entry into logistics. ....

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Optimal Dynamics raises $18.4M Series A Round to Build the Decision Layer of Logistics and Supply Chain Management

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NEW YORK, May 13, 2021 /PRNewswire/ Optimal Dynamics, a startup aiming to build the decision layer of logistics and supply chain management, announced today, less than a year from its $4M Seed round, that it has raised a $18.4 million Series A round led by Bessemer Venture Partners, alongside returning investors Fusion Fund, The Westly Group, TenOneTen Ventures, Embark Ventures, FitzGate Ventures, and industry veterans John Larkin and John Hess.
The investment will allow Optimal Dynamics to more than triple its current 25 person operation, with a strong focus on R&D and expanding current sales and marketing efforts. In addition, it will give Optimal Dynamics the resources to drive development efforts for new products in the logistics and supply chain industry. ....

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