Sedna Communications, a London, UK-based AI-powered workflow automation platform specializing in the global trade and supply chain sectors, has secured $10 million in growth financing.
Investors
The investment came from CIBC Innovation Banking, which offers growth capital loans, venture debt, working capital lines, and other specialized financial products. With over $11 billion in managed funds, including for sectors like life sciences, healthcare, and cleantech, the bank has assisted more than 700 venture and private equity-backed businesses. The bank operates in 15 global locations.
Sedna Communications Use of Funds
The financing will drive AI innovation, expand platform integrations, and support Sedna’s sustainable growth to enhance its service offerings for customers in the maritime and supply chain sectors.
About Sedna Communications Ltd.
Founded in 2017, Sedna Communications is an AI technology company focused on transforming enterprise communication in global trade. The company provides an AI-powered workflow automation platform designed to streamline communication and business decision-making within the maritime and supply chain industry. By extracting crucial data from emails—the primary mode of communication in the sector—Sedna helps businesses, including port agents, vessel operators, brokers, and charterers, to consolidate their operations and make more informed decisions.
Funding Details
Company: Sedna Communications Ltd
Raised: $10.0M
Round: Growth Financing
Funding Date: April 2025
Lead Investor: CIBC Innovation Banking
Additional Investors:
Company Website: https://www.sedna.com/
Software Category: AI Workflow Automation / Maritime Communications
Source: https://sedna.com/resources/cibc-innovation-banking-provides-10-million-in-growth-financing-to-maritime-technology-platform-sedna