Agentic supply chains specialist Corvera lands £3 million in seed funding to scale its platform
Corvera, a London founded agentic supply chain management platform backed by Y Combinator, has raised £3 million ($4.2 million) in seed funding to accelerate its expansion and automate end-to-end operational workflows for consumer packaged goods (CPG) brands.
The round, which takes the total raised to date to £4.5 million, was led by 6 Degrees Capital, with participation from over 20 venture capital and angel investors including 20VC, Rebel Fund, Duke Capital Partners, and Multimodal Ventures. The cash will be used to scale the startup’s platform, hire additional staff, and build the customer base.
The company is based in San Francisco and led by CEO Chris Kong, who previously built Better Nature into a leading European tempeh brand, scaling distribution to 5,000 stores before stepping back in 2025 and earning a place on Forbes ‘30 Under 30’ Europe 2025 list.
He is joined by CTO Dirk Breeuwer, former head of data and AI at Google; CPO Matthew Collins, former Head of Product at Rosemark (successor to Rosetta, acquired by Publicis for $575 million); and Founding Engineer Berk Güngör, an AI and machine learning specialist.
“Everyday CPG brands spend countless hours on back-office workflows that could otherwise be handled autonomously and flawlessly by AI agents. We’re here to make this a reality, enabling brands to invest more time into what truly makes them special and valuable” says Kong.
“Our objective isn't to replace existing tools or force our customers to "lift-and-shift" systems. Instead, we act as the bridge between various systems and automate the manual work required to operate them. By reducing the reliance on human middleware, we enable more resilient, proactive supply chains with fewer errors and better service levels.”
“We’re thrilled to back Corvera and the exceptional team behind it, who bring rare firsthand experience building and scaling CPG brands. From day one, their clarity of thought and bias toward execution stood out. In today’s fast-moving AI landscape, speed of execution is the ultimate differentiator - and we believe Corvera has the team and product to lead this category,” says Christina Franzeskides, Principal at 6 Degrees Capital.
“I've known Chris for seven years, from founding Better Nature to scaling it into Europe's largest tempeh brand, and few founders combine his drive with his deep, scar tissue understanding of how CPG operations actually break. Corvera is uniquely positioned to become the command centre for the next generation of CPG brands, and we are proud to have been their first investor, and excited to see them close this seed round on the back of the pace they set during YC,” says Lorcan Delaney, Principal at Firstminute Capital.
"We backed Corvera because Chris and the team have lived the problem they’re solving and built transformative AI to address it. Their early traction signals strong market demand, and we believe they’re the right team to execute. We look forward to supporting their growth and leveraging the Duke University network to help accelerate their success,” says Damon Burrow, Senior Associate at Duke Capital Partners.
2026 RTIH Innovation Awards
AI will be a key focus area at the 2026 RTIH Innovation Awards.
The awards are now open for entries and celebrate global retail technology innovation in a fast moving omnichannel world.
Our winners will be revealed at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London on Wednesday, 4th November.
Check out our 2025 winners here.
Our 2025 hall of fame entrants were revealed during a sold out event which took place at The HAC on 16th October and consisted of a drinks reception, three course meal, and awards ceremony presided over by award winning comedian, actress and writer Tiff Stevenson.
In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “This is the awards’ fifth year as a physical event. We started off with just 30 people at the South Place Hotel not far from here, then moved to London Bridge Hotel, then The Barbican, and last year RIBA’s HQ in the West End.”
“But I’m conscious of the fact that, to quote the legend that is Taylor Swift, You’re only as hot as your last hit, baby. So, this year we’ve moved to our biggest venue yet, and also pulled in our largest number of entries to date and broken attendance records.”
He added: “This year’s submissions have without doubt been our best yet. To quote one of the judges: The examples of innovative developments across both traditional and digital retail spaces were truly remarkable.”
Congratulations to our winners, and a big thank you to our sponsors, judging panel, the legend that is Tiff Stevenson, and all those who attended our 2025 gathering.
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