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Exclusive: Manufacturing AI startup CADDi valued at $1.2 billion in $114 million funding round | Fortune

CADDi, a startup that sells AI software to help manufacturers organize and use their engineering and production data, has raised $114 million in a new funding round that values the company at $1.2 billion. Eight new and existing investors took part in the investment, which is the company’s Series D funding round, the Tokyo- and Chicago-based company said.Among them are Moore Strategic Ventures, Coreline Ventures, Toyota’s growth-stage fund Woven Capital, and HR Tech Fund, the corporate venture a...

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