Exclusive: Manufacturing AI startup CADDi valued at $1.2 billion in $114 million funding round

Fortune · Jeremy Kahn ● Covered by 5 sources

CADDi raised $114 million in a Series D round that valued the manufacturing AI software startup at $1.2 billion. The valuation more than doubles from the $470 million CADDi reported in March 2025. The funding will be used to expand its AI product lineup and models for manufacturing data, grow in North America, and hire more staff, increasing customer support for adoption.

Why it matters

The company wants to break what it calls "the physical bottleneck" that stymies AI's impact on manufacturing.