The infusion of capital accelerates the rollout of AI tools that could redefine how companies compete for lucrative government contracts, opening a pathway to capture a larger slice of the massive public‑sector spend. Strategic participation from firms like Bosch and Citi underscores broader industry confidence in the commercial potential of AI‑driven procurement solutions.
Procurement Sciences, an AI software firm for government contractors, announced a $30 million Series B round led by Catalyst Investors. Existing backers Battery Ventures, Tower Research Ventures, K‑Street Capital and Blu Ventures participated alongside new strategic investors Bosch Ventures, Citi and industry angels.
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