Elm AI, a Cornell University spinout and an AI-driven platform helping enterprises improve sustainability and operational performance across their supply chains, has successfully raised $2 million in an oversubscribed funding round. The round was led by Beta Boom Fund and Working Capital Fund, with participation from Boro Capital Partners, Very Serious Ventures, Gorges Ventures, The Bond Collective, and Textbook Ventures.

NEW YORK, April 12, 2025 /PRNewswire-PRWeb/ — Elm AI, a Cornell University spinout and an AI-driven platform helping enterprises improve sustainability and operational performance across their supply chains, has successfully raised $2 million in an oversubscribed funding round. The round was led by Beta Boom Fund and Working Capital Fund, with participation from Boro Capital Partners, Very Serious Ventures, Gorges Ventures, The Bond Collective, and Textbook Ventures.

Global enterprises continue to face escalating costs and complexity in supplier due diligence and compliance management, driven by rapidly evolving regulatory standards. Elm AI’s advanced AI-driven technology streamlines this process by automating analysis of supplier documentation (questionnaires, audit reports, etc), and instantly providing actionable insights and recommendations—dramatically faster and more cost-effectively than traditional methods.

Elm AI’s software is already trusted by a diverse range of customers, from mid-sized apparel brands to publicly listed multinational corporations generating billions in revenue. The platform currently manages data from several thousand factories globally. Amongst the company’s first few customers is Reformation, a leading sustainability clothing brand.

“Elm AI has been instrumental in transforming our responsible sourcing process, streamlining cumbersome administrative tasks and giving brands more time to focus on what matters most — building programs and management systems that benefit workers by ensuring safe, healthy, and equitable working conditions.”

– Carrie Freiman Parry, Senior Director Of Sustainability at Reformation

The company was founded in 2023 at Cornell University by Advait Raykar, Aparajita Thakker, Ken He, and Eesha Khanna. Elm AI was built on cutting-edge research of AI applications in the sustainability space, and initially secured funding from Cornell University and Entrepreneurs Roundtable Accelerator. Since then, the company has grown exponentially.

“The Elm AI team’s maturity and focus on solving customer problems continue to impress me. As someone with a long history in supply chain labor and sustainability, it’s refreshing to see such enthusiasm for making a real difference. They’ve made me a firm believer in AI’s ability to accelerate our efforts to support workers in global supply chains.”

– James McMichael, Founder of ELEVATE Global and Mosaic RSR

The newly raised capital will accelerate Elm AI’s growth, allowing the company to quickly onboard customers from its extensive waitlist and continue expanding its technological capabilities. Elm AI aims to become the definitive platform for managing comprehensive supplier performance and risk data at global scale.

About Elm AI

Elm AI provides an AI-driven system of record for supplier sustainability, performance, and risk data. The platform automates complex workflows, empowering companies to achieve unprecedented efficiency and sustainability in their supply chain operations.

For more information, visit www.elm-ai.com or contact info@elm-ai.com.

Media Contact

Aparajita Thakker, Elm AI, 1 4085680807, aparajita@elm-ai.com, www.elm-ai.com

Advait Raykar, Elm AI, 1 9783629319, advait@elm-ai.com, www.elm-ai.com

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SOURCE Elm AI

New Consumption Trends, New Technological Forces

HAIKOU, China, April 13, 2025 /PRNewswire/ — From April 13 to 18, the 5th China International Consumer Products Expo (CICPE) is held in Haikou, Hainan. A key highlight is the debut of the Exhibition of “Zhejiang’s Fine Products: A Legacy of Excellence” at the China Chic section. Companies such as Lingban Technology (Rokid’s parent company), OSM, and Hu Qing Yu Tang unveil global product launches at the event.

Themed on “New Consumption Trends, New Technological Forces,” the exhibition shows Zhejiang’s ambition to integrate heritage craftsmanship with cutting-edge innovation. With the slogan “World-Class Quality, Made in Zhejiang,” visitors experience a hybrid exhibit combining physical displays and virtual interactions. The cultural section highlights time-honored industries, with 18 brands presenting over 200 products, from traditional crafts to modern consumer goods. A virtual exhibition, co-developed with Alibaba’s Taobao & Tmall Group, extends the showcase digitally.

A major event in the CICPE’s official agenda is the global product launch session, themed “New Discoveries at the CICPE: Global Premieres.” On April 14, three innovations are unveiled: the AI+AR Rokid Glasses, OSM’s 2025 edition of Soothing Whitening Essence, and Hu Qing Yu Tang’s “Light Wellness: Workplace Saviors” series for health-conscious young professionals.

Throughout the exhibition, Zhejiang Satellite TV’s VR hostess, Gu Xiaoyu, serves as the “digital news officer,” providing real-time updates. The exhibition also introduces interactive experiences that engage sight, sound, smell, taste, and touch to explore Zhejiang’s historical products. Traditional crafts such as Dongyang wood carving, Wanfeng joinery, traditional Chinese medicine from Hu Qing Yu Tang, and Longjing tea from Shibake are showcased.

Prominent figures lend their support to the Zhejiang brand initiative, including Zhu Zhu, advertising spokesperson for OSM Skincare; Shen Zhirong, Founder of OSM known as OSM “Grandpa Pearl”; Zhu Mingming, Rokid’s Founder and CEO; and Chen Yunhan, Board Chairman and General Manager of Hu Qing Yu Tang. The exhibition attracts significant attention from both domestic and international media. Through live broadcasts, press conferences, and short video promotions, organizers seek to elevate the profile of Zhejiang’s brands on the global stage—part of China’s broader strategy to enhance the international competitiveness of its consumer goods sector.

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Does Plato’s Utopia find its place in the future life? The Expo 2025 shows this as a ‘robotics’ dialogue with iGarden.

HONG KONG, April 13, 2025 /PRNewswire/ — Since the mid-nineteenth century, the Great Exhibition in London started the nearly 175-year history of World Expos, driven by a spark of “human crazy” : innovative desire, deep humanity, and revolutionary dreams. Once every five years, this spectacle has become a prophetic stage where future dreams come to life.

From color televisions to touchscreens, X-ray machines to quantum computing, the Crystal Palace to the Eiffel Tower, the first humanoid to the first moon sample – an explosion of groundbreaking exhibits first debuted at the World Expos, reshaping the future of human living through the world’s most promising discoveries.

We are living those dreams today, and the new sparks are taking shape.

In 2025, iGarden robotics, launched by Fairland Group Limited, is excited to be part of the world’s top global gathering and share a glimpse of outdoor robotic life within this mega journey of human progress. Fairland Group was officially announced to be the participating partner in the “Future Life Expo: Future Life Experience” at Expo 2025 Osaka, Kansai, Japan. Let’s “Designing Future Society for Our Lives” together!

World-Record Today, Your Everyday Utopia Tomorrow

Powered by a team of geeks, iGarden offers high-performing tech solutions and robotics, proven by 5 GUINNESS WORLD RECORDS™ titles and driven by consistently “Human Crazy” innovation. From outdoor intelligence and new energy to bio water treatment, iGarden Robotics aspires to transform 500 million global gardens into vibrant, futuristic living spaces.

Picture your future backyard ‘Utopia,’ partnered with world-record iGarden robotics. Enjoy pure relaxation in your pool, heated with the most energy-saving technology, and surrounded by the quietest pool system. Feel completely free as longest-duration robots and AIoT control manage your crystal-clear pool, luxurious green lawn, and whole-home energy usage, all year round.

One Family One iGarden – it is Fairland Group’s crazy dream that transforms world-record robotic technologies into day-to-day inventions, with the collaborative support of all partners from over 120 countries.

Moments of wonder at the Expo reveal the future. This year, let’s explore outdoor life with iGarden robotics.

Media Contact: 

Nicole Chan
marketing@fairlandgroup.com 
0086-20-87327767

Photo – https://mma.prnewswire.com/media/2662948/iGarden_Robotics_Expo_2025.jpg

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