| Founded | 2015 |
|---|---|
| Closed | 2024 |
| Country | Australia |
| Sector | Ai |
| Collapse type | Mass Layoff Spiral |
| Founder | Jason Hosking, Franki Chamaki |
Hivery
"FMCG shelf optimization AI that optimized itself out of existence when its anchor client walked away."
Cascading layoffs that accelerated the decline
Key Events Timeline
Hivery, co-founded by Jason Hosking and Franki Chamaki in Sydney and spun out of Coca-Cola Amatil's innovation lab, raised AUD $20M to commercialize AI-driven planogram and vending machine inventory optimization for FMCG and retail.
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