Pactum’s autonomous bots can contact thousands of suppliers simultaneously seeking the best pricing and terms for routine corporate purchases in logistics and a wide range of other sectors.

Procurement negotiation platform Pactum raised a $20M Series B funding round, which will be invested in marketing and its technology. Autonomous negotiation sounds like the end of human negotiation - right?

Bloomberg: Pactum Lands $20 Million in Maersk-Backed Funding Round