The AI supply chain startup Altana was formed in early 2019 around a forecast of global chaos. As part of an early exercise, the three co-founders each traced out what they thought trade would look like in the next few years. “We all wrote some version of, like, the world is gonna fall apart,” CEO and co-founder Evan Smith told us, specifically recalling predictions of more trade wars spurred by the economic rise of China, climate dislocation, and sovereign debt crises. Seven years later, chaos has become the norm. Soon after Altana’s founding, the coronavirus pandemic ramped up a period of global trade turbulence that hasn’t eased much since. More recently, whack-a-mole tariffs and war in the Middle East have roiled the globe-spanning trade routes on which many retailers rely. Altana aims to help businesses, logistics providers, and governments navigate these uncertainties. The company runs a data platform that shows the operating facilities and ownership of companies and the flow of goods between them, according to Smith. Keep reading here.—PK |