bananaz, a Tel Aviv, Israel-based provider of a platform improving design change management for R&D and engineering teams, raised $5.3M in Seed funding.
The round was led by 10D and Cardumen Capital.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Or Israel, bananaz is an AI-based platform designed to transform the way companies manage design changes with its AI copilot and comparison tools. By leveraging AI and computer vision technologies, it automates the most time-consuming aspects of the design process from initial concept to final delivery. The platform enables engineering teams to reduce errors, improve collaboration, and streamline workflows while ensuring data security. It offers real-time collaboration tools, valuable AI insights based on industry standards such as ISO and ASME, and CAD/PDM integration to help companies manage challenges efficiently while reducing operational costs.
FinSMEs
03/12/2024