CADDi secures $114 million funding round at $1.2 billion valuation
2026-09-25
Manufacturing AI startup CADDi Co. Ltd. has announced the closing of a $114 million funding round, achieving a $1.2 billion valuation. The company intends to leverage these funds for expansion, particularly within the North American market.
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Manufacturing AI startup CADDi Co. Ltd. has closed a $114 million funding round, reaching a $1.2 billion valuation. The company plans to use the funds for expansion, especially in the North American market.
Key facts
- CADDi Co. Ltd. has raised $114 million in a new funding round.
- The company has achieved a valuation of $1.2 billion.
- CADDi plans to use the capital to support its expansion into North America.
- The company develops software for manufacturers to utilize data from engineering drawings.
- The funding round reflects investor confidence in AI applications for the industrial sector.
Source: SiliconANGLE
Reported by VERA Newswire.
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