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CADDi Secures $114 Million Series D, Reaches $1.2 Billion Valuation for US Expansion
CADDi, a technology company developing an AI-powered data platform for the manufacturing sector, has secured $114 million in a Series D funding round, elevating its valuation to $1.2 billion. The new capital is earmarked to fuel the global expansion of its data platform, with a primary focus on the U.S. market.
Funding Details
The financing brings CADDi's total capital raised to $234 million, according to a company announcement. The round was supported by a combination of new and existing institutional investors, underscoring continued confidence in the company's growth trajectory.
Key participants in the round included:
- New investors: Moore Strategic Ventures, Coreline Ventures, Salesforce Ventures, Woven Capital, and HR Tech Fund LLC.
- Existing investors: Atomico, Globis Capital Partners, and JPS Growth Investment Limited Partnership.
Strategic Expansion and Product Launch
AdThe infusion of capital coincides with the official U.S. launch of CADDi's Manufacturing AI Data Platform. The company is targeting the United States as the world's second-largest manufacturing market for its full-scale expansion.
CADDi describes its platform as a manufacturing operating system that structures fragmented data, enabling human and AI-driven workflows to operate on shared information more efficiently. The funds will be allocated to four key areas: proprietary AI development, platform expansion, scaling North American operations, and talent acquisition.
Company Background and Market Context
Founded in 2017 by Yushiro Kato (formerly of McKinsey) and Aki Kobashi (formerly of Apple), CADDi operates with dual headquarters in Chicago and Tokyo. The company's new unicorn status reflects significant investor interest in AI solutions designed to optimize complex industrial supply chains.
CADDi currently serves manufacturing businesses across more than 20 countries, including major publicly traded corporations in both Japan and the United States. The latest funding round positions the company to deepen its presence in key international markets.
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