Seebo, a Tel Aviv, Israel-based provider of a Predictive Quality and Yield Solution, extended Series B financing round, for a total of $24M.
The round was led by Vertex Ventures with participation from 10D, The Phoenix and Leumi Partners.
The funding will be used to further expand its global reach and continue enhancing its solution.
Led by Lior Akavia, CEO and Co-Founder, Seebo provides a Process-Based Artificial Intelligence solution that enables manufacturers to identify process-driven inefficiencies in their production processes in order to predict and prevent production losses. Customers include leading manufacturers such as Nestle, PepsiCo, General Mills, Barilla, Mondelez, Allnex, ICL and many more.