BREAKING: Japanese Startup CADDi Lands a Whopping $38 MILLION to Revolutionize Manufacturing!
Get Ready, World! CADDi is here to CHANGE the Game!
In a jaw-dropping turn of events, CADDi, the cutting-edge Japanese startup armed with the power of AI, has just secured a staggering $38 million from U.K. venture giants Atomico! That’s right, folksโthis fresh cash injection skyrockets CADDi’s valuation to an eye-popping $470 million! Talk about a fiscal frenzy!
From Zero to $202 Million! The CADDi REvolution is ON!
Originally founded in 2017, CADDi has been on a money-raising spree, knocking down a total of $202 million since its inception! Just last July, they pulled in a jaw-dropping $89 million in their Series C funding round. With top-tier investors like DCM Ventures and others on board, this company is CRUSHING the competition!
Double Trouble! CADDi Plans to Double Its Army of Tech Wizards!
With their eyes set on U.S. expansion, CADDi is gearing up to double its workforce of software engineers from 150 to 300! The ambitious Yoshuro KatoโCEO and co-founder with a McKinsey pedigreeโspells it out for us: CADDi means business, and theyโre not slowing down!
The Secret Sauce? Cutting Out the CHAOS in Supply Chains!
CADDi’s revolutionary software tackles a huge problem thatโs keeping manufacturing execs awake at night: TOO MANY SUPPLIERS and TOO MANY SIMILAR PARTS! By gobbling up technical drawings and diving into company data, CADDi helps manufacturers find identical parts hiding in plain sight. Say goodbye to duplication, folks!
Saving Time, Money, and HeadachesโOne Part at a Time!
Manufacturers who adopt CADDiโs mind-blowing software can slash component duplication, streamline supply chains for vital parts, and trim down their supplier list! Whatโs the result? Major cost-savings and better negotiating power! Talk about a win-win!
Real Companies, Real Results: Subaru and DENSO are EYES-WIDE-OPEN!
Donโt just take our word for itโindustry powerhouses like Subaru have reported saving hundreds of hours every month thanks to CADDiโs brilliant software! DENSO is also enjoying the ride, helping young workers source components quicklyโFAR faster than relying on retiring veterans. And theyโre teaming up with CADDi to create even more powerful tools!
CADDi’s Ambitious Date with Destiny: $1 BILLION by 2030!
Kato has big dreamsโheโs targeting a staggering $1 billion in revenue by 2030! While heโs keeping tight-lipped about current revenues and customer counts, you can bet this startup is on FIRE and wonโt be stopping anytime soon!
From Marketplace to CloudโThe Epic Transformation!
Once an โAmazon marketplace for machinery components,โ CADDi pivoted just three years ago, evolving into a powerhouse software provider with AI tools that make procurement EASY! The future of manufacturing is here, and CADDi is leading the charge!
Donโt blink, because this story is just getting STARTED. Keep your eyes peeledโCADDi is poised to take the manufacturing world by storm!
photo credit: fortune.com