DarwinAI Raises $6MUSD in Funding
- DarwinAI, a Waterloo, Canada-based Industry 4.0 company focused on manufacturing, raised $6M in funding
- The round was led by Deep Tech Venture Fund with participation from Honeywell Ventures, Obvious Ventures and Inovia Capital
- The company intends to use the funds to enhance the system for mass market deployment and ramp up hardware production, as they anticipate serving more customers in 2023
- The company provides Electronics (PCBA) manufacturers with a visual quality inspection system to improve product quality and production efficiency
- Numerous Fortune 500 companies have adopted the company’s patented technology to integrate AI and create tangible value
