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Axion Ray, The Ai Platform For Proactive Engineering Management, Raises $7.5M To Enhance Product Integrity At Scale

Feb 16, 2023over 2 years ago

Amount Raised

$7.5 Million

New YorkMachine LearningArtificial IntelligenceSoftware

Investors

General MotorsTinicum Venture PartnersBoeingInspired CapitalAmplo

Description

Axion Ray, the AI platform transforming product integrity intelligence, today announced a $7.5M Seed round led by Amplo and co-led by Inspired Capital. Boeing, Tinicum Venture Partners, and former executives from leading manufacturers such as General Motors also participated in the round. The San Francisco-based company launched in 2021 to provide effective stopgaps against the hundreds of billions of cost manufacturers incur each year due to quality issues in the hands of customers.

Company Information

Company

Axion Ray

Location

New York, New York, United States

About

Axion Ray is the leading AI observability command center relied on by global manufacturing companies to detect and solve emerging quality issues affecting customers at the earliest warning signals.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers