DarwinAI Raises $6MUSD in Funding

DarwinAI , a Waterloo, Canada-based Business 4.0 firm centered on manufacturing, raised $6M in funding.

The spherical was led by Deep Tech Enterprise Fund with participation from Honeywell Ventures, Apparent Ventures and Inovia Capital.

The corporate intends to make use of the funds to boost the system for mass market deployment and ramp up {hardware} manufacturing, as they anticipate serving extra prospects in 2023.

Led by CEO Sheldon Fernandez, DarwinAI gives Electronics (PCBA) producers with a visible high quality inspection system to enhance product high quality and manufacturing effectivity. Quite a few Fortune 500 firms have adopted DarwinAI’s patented expertise to combine AI and create tangible worth. Its IP stems from years of analysis led by Dr. Alexander Wong, Canada’s Analysis Chair within the space of AI, and Professor on the College of Waterloo.

Shishir Gupta, The Founder & CEO of StartupLanes said,

DarwinAI Raises $6MUSD in Funding. May this new business bring you huge success and fulfillment.

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