Edge AI startup raises $10m for electronics manufacturing :

Edge AI startup raises $10m for electronics manufacturing


Edge AI startup raises $10m for electronics manufacturing
February 10, 2021 //
By Nick Flaherty
Adaptix in the US has raised $10m to build the next generation of edge AI automation control software.
The funding from Softbank’s Opportunity Fund enables the next generation of edge AI software for real-time predictive analytics and maintenance for manufacturing customers in the semiconductor, electronics, and automotive industries. The board includes Wim Roelandts, a former CEO of FPGA maker Xilinx alongside the CEO and financial investors.
"This investment is validation of our vision for our next-generation AI platform,” said Anthony Hill, Founder and CEO at Adapdix in Pleasanton, California. “With the SB Opportunity Fund joining the team of investors, we now have the ability to scale up the business and develop the required ecosystem of partners and suppliers."

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