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Startups & Venture·September 15, 2026·1 min read

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

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CADDi’s jump from a $470M to $1.2B valuation on $114M of new capital is a clear mark-up for deep vertical AI in manufacturing data. If you’re in heavy industry, the window to own your own engineering/production data stack is closing—specialists are raising the war chests to intermediate you.