CADDi, which sells AI tools to help manufacturers organize engineering and production data, raised a $114M Series D at a $1.2B valuation, up from $470M in 2025 (Jeremy Kahn/Fortune)

CADDi, a startup that sells AI software to help manufacturers organize and use their engineering and production data, has raised $114 million in a Series D funding round. The investment values the company at $1.2 billion, more than double its valuation of $470 million in March 2025, according to Fortune.

The funding round included eight new and existing investors, such as Moore Strategic Ventures, Coreline Ventures, and Toyota's growth-stage fund Woven Capital. Existing backers Atomico, Globis Capital Partners, and the JPS Growth funds also took part in the funding.

The new round brings CADDi's total funding to $234 million. Founded in 2017, CADDi's initial product, called CADDi Drawer, was designed to help manufacturing firms avoid buying too many similar parts from different suppliers by ingesting technical drawings and searching a customer's own databases for similar or identical parts.

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