Replan Raises £2M In Funding

Replan, a London, UK-based supply chain technology company, raised £2M in funding. Hoxton Ventures was the leader of the round. The company plans to use the funds to continue product development and market growth in Europe and the UK, as well as for future expansion into North America. Replan is a cloud-based production planning tool for manufacturers that allows them to optimize production planning and reduce costs. The software allows planners to create complex production sequences in minutes and automatically apply the right AI algorithm for full control of demand forecasting, supply chain planning, and more.