Limbiq

Limbiq system GmbH, a German company founded in 2020 by Hima Bindu Challa, Arne Paul Oltmann, and Christian Korda, provides a software-as-a-service (SaaS) platform for supply chain management. Oltmann, who serves as the CEO, and his co-founders established the Duisburg-based firm to address the inefficiencies and lack of transparency prevalent in international logistics. The company targets enterprises in industry, trade, and logistics with complex global supply chains that heavily rely on manual communication methods like email and spreadsheets.

The core of Limbiq's offering is an AI-enhanced platform designed to digitize and streamline supply chain workflows. It functions by networking importers, forwarders, and suppliers on a centralized system that digitizes workflow and document management. A key feature is its ability to flexibly read and analyze partner communications, thereby integrating various heterogeneous data sources regardless of their format. This provides clients with a comprehensive overview of their shipments in a single dashboard, offering visibility, complete documentation, and control over the entire process. By automating routine tasks and centralizing communication, the platform aims to reduce manual work, minimize revenue loss from delays, and lower working capital requirements for its customers.

The company operates on a B2B model, generating revenue through its SaaS solution. A significant milestone was achieved in February 2023 when Limbiq closed an oversubscribed pre-seed funding round of €1 million, led by Motion Ventures, a global venture fund focused on the maritime supply chain. The round also included angel investors such as Patrick Merkel and Nikolaus D. Bayer. This capital injection was intended to accelerate the company's growth and expand its team. Prior to this, the company had raised approximately $601K in an early-stage venture round in December 2020. According to PitchBook data, the company has entered into bankruptcy liquidation as of January 2025. Keywords: supply chain management, SCM software, procurement platform, logistics technology, workflow digitization, supply chain visibility, freight forwarding software, trade management, supplier relationship management, supply chain collaboration, B2B SaaS, procurement automation, real-time tracking, document management, data integration, supply chain analytics, import/export management, maritime logistics, Duisburg startup, European logistics tech