£1.17M Secured for AI-Powered Supply Chain Emissions Reduction Platform

Funds Secured

Seven Bridges Limited, in collaboration with Maersk and the University of Bath, has secured £1,173,994 in grant funding from Innovate UK to develop an AI-powered platform designed to optimise supply chain emissions and help logistics companies achieve their Net Zero targets.

Introduction to Seven Bridges

Seven Bridges is leading a project to build an innovative AI-based platform that will help logistics companies reduce supply chain emissions by optimising transport routes, modes, and other factors. By leveraging AI and scenario analysis, the platform provides real-time insights that enable companies to meet environmental targets.

Challenge

The logistics sector faces significant challenges with emissions, particularly Scope 3 emissions, which account for over 80% of greenhouse gas emissions in supply chains. Transport businesses are spending 50% more than necessary on logistics due to inefficiencies in data analysis and a lack of effective tools for emissions reduction. Existing solutions are siloed, reactive, and fail to provide the comprehensive insights needed to optimise transport processes.

Solution

Seven Bridges is developing this AI-powered platform to provide real-time recommendations for optimising transport routes, shipping methods, vehicle types, and fuel options. The platform will provide actionable insights for logistics companies, allowing them to make immediate, data-driven decisions to reduce their emissions.

Opportunity

The AI platform from Seven Bridges fills a critical gap in the market. By providing a centralised, data-driven approach to emissions reduction, the platform not only reduces operational costs but also enhances companies' ability to meet environmental and regulatory obligations. 

Why They Chose GrantUp

In their quest for progress, 7 Bridges turned to Grant Up, renowned for their expertise in securing grant funding and their ability to simplify intricate processes. Grant Up's deep understanding of the industry's nuances and their proficiency in grant applications made them the ideal partner for 7 Bridges in this ambitious endeavour.

Results

With Innovate UK’s support, Seven Bridges will deliver a platform that reduces emissions and operational costs for logistics companies.