CADDi, a startup specializing in AI software for manufacturing data, has secured $114 million in Series D funding, valuing the company at $1.2 billion. This latest round, which saw participation from eight investors including Moore Strategic Ventures and Woven Capital, more than doubles CADDi's previous valuation. The company plans to use the funds to enhance its AI models for manufacturing-specific data, expand globally with a focus on North America, and grow its workforce. AI
IMPACT This funding will accelerate the development of AI models capable of understanding complex manufacturing data, potentially improving efficiency and cost-effectiveness in the sector.
RANK_REASON Significant funding round for an AI company in the manufacturing sector. [lever_c_demoted from significant: ic=1 ai=0.7]
- Atomico
- CADDi Agent
- CADDi Drawer
- CADDi Explorer
- Coreline Ventures
- Globis Capital Partners & Co., Ltd.
- HR Tech Fund
- Japan Post Bank
- JPS Growth funds
- Moore Strategic Ventures
- Recruit Holdings
- Woven Capital
- Yushiro Kato
AI-generated summary · Google Gemini · from 1 sources. How we write summaries →