Nuvo, a company that has built a social-like platform to facilitate easier purchasing of physical goods between businesses, has raised a $34 million

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Nuvo, a San Francisco-based startup, has raised $34 million in Series A funding from Sequoia Capital and Spark Capital to enhance its platform that facilitates B2B trade. The company aims to modernize purchasing processes for physical goods between businesses, leveraging its network to connect trade partners and verify information. Nuvo plans expansion into new markets and features, including payments and AI.

Nuvo, a network for B2B trade, has nabbed $34M from Sequoia and Spark Capital