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Manufacturing AI Company Vanti Analytics Closes $4.5 Million Seed Round Led by True Ventures and More VC

Nov 24, 2020almost 5 years ago

Amount Raised

$4 Million

Round Type

seed

Tel Aviv

Description

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 Information

Company

Vanti Analytics

Location

Tel Aviv, Tel Aviv District, Israel

About

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.