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