{
  "id": 7609991,
  "title": "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)",
  "url": "https://urgent.news/2026/09/15/caddi-which-sells-ai-tools-to-help-manufacturers-organize-engineering",
  "topic": "ai",
  "section": "AI",
  "published": "2026-09-15T18:45:01.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://fortune.com/2026/09/15/caddi-manufacturing-startup-valuation-funding-round-series-d-exclusive/"
  },
  "original_language": "en",
  "account": null,
  "summary": "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.\n\nThe 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.\n\nThe 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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "New York-based AI marketing startup Profound raised a $180M Series D led by Sequoia and Kleiner Perkins at a $1.8B valuation, taking its total funding to $335M+ (Rebecca Torrence/Bloomberg)",
        "url": "https://urgent.news/2026/09/15/new-york-based-ai-marketing-startup-profound-raised-a-180m-series-d",
        "published": "2026-09-15T12:10:02.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Exclusive: Manufacturing AI startup CADDi valued at $1.2 billion following $114 million Series D funding round",
        "url": "https://urgent.news/2026/09/15/exclusive-manufacturing-ai-startup-caddi-valued-at-1-2-billion",
        "published": "2026-09-15T17:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}