Angel Investments
Engg intelligence software provider Cognaize raises funding
Chennai-based manufacturing intelligence software company Cognaize Systems Pvt Ltd has raised a seed funding round from a group of high-net-worth individuals (HNIs). Panini Advisors acted as the exclusive financial advisor to Cognaize, while RGM Legal provided advice on structuring the deal.Cognaize develops engineering intelligence solutions using AI to encode the judgement of experienced engineers and deploy it at scale across the manufacturing processes. The platform brings together design, manufacturing, and factory operations knowledge, allowing for automatic reviews of drawings, cost estimates, and monitoring of production in various manufacturing processes. Cognaize is engaged with over 20 customers.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
