Manufacturing AI Company Vanti Analytics Closes $4.5 Million Seed Round Led by True Ventures and More VC
Manufacturing AI Company Vanti Analytics Closes $4.5 Million Seed Round Led by True Ventures and More VC
11/24/20, 4:14 PM
Location
Money raised
$4 million
Round Type
seed
Vanti Analytics today announced a $4.5 million seed funding round led by Silicon Valley venture capital firm True Ventures and Israel's More VC. The round includes participation from Israel's i3 Equity Partners, who invested in 2019 alongside Ariel Maislos. The manufacturing AI company is developing a self-service platform that helps manufacturing operations teams increase yields and throughput for electronic products. As part of the raise, Vanti has welcomed Rohit Sharma, partner at True Ventures, to the company's board, along with Meir Ukeles, partner at More VC
Company Info
Location
tel aviv, tel aviv district, israel
Additional Info
Vanti is the only scalable AI product for Manufacturers. Using Vanti's SaaS solution, manufacturers are able to identify, explain and prevent defects early in their production processes. The platform doesn't require any data science knowledge and models can be trained and validated within just a day, unlocking the AI scaling challenge for its customers.