Tradeshift, the US-based operator of a platform that enables businesses to interact with each other, has launched an incubation funding initiative called Tradeshift Studio.
In addition to providing technology and design consultancy and advice for app developers, Tradeshift Studio will also offer a strategic app development programme through which it will provide funding, along with guidance and resources for startups building businesses based around the Tradeshift platform.
“Through Tradeshift Studio, we co-innovate with enterprises to deliver the custom solutions they need quickly,” said Christian Lanng, Tradeshift’s CEO. “At the same time, we work with developers and startups to provide funding, access to professional resources and potential customers.”
Tradeshift has raised $112m in funding from investors including Intuit and PayPal, and closed a $75m round in February.