Boeing’s AEI HorizonX subsidiary provided the second tranche of a round for supply chain software provider Quincus at a valuation exceeding $100m.

Singapore-based supply chain management software provider Quincus has raised an undisclosed amount from aerospace manufacturer Boeing for the second close of a series B round valuing it at over $100m.

Boeing provided the funding through AEI HorizonX, a joint venture with private equity firm AE Industrial Partners. Venture capital firms UP.Partners and GGV Capital provided a similarly undisclosed amount in a first tranche in September this year.

Founded in 2014, Quincus has developed an enterprise software platform that helps solve…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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