Axion Ray, a San Francisco, CA-based provider of an AI product integrity intelligence platform, raised $7.5M in seed funding.
The round was led by Amplo and Inspired Capital with participation from Boeing, and Tinicum Venture Partners. Samuel Garcia, Partner at Amplo, will be joining Axion Ray’s board.
The company intends to use the funds to hire engineering and artificial intelligence talent.
Led by Daniel First, Founder and CEO, Axion Ray is a provider of an AI-powered proactive intelligence platform that extracts actionable insight from unstructured manufacturing data in real time. Its technology flags engineering issues months earlier, allowing companies to intervene on prevent losses from recalls. The company works with manufacturers across industries to surface safety and quality risks mined from service networks, dealerships, connected sensors, production, supplier management, and other data sources.
Axion works with OEMs and suppliers across industries. Their customer base includes Boeing, Penn Engineering, Cummins, and other manufacturers across aerospace, defense, automotive, and medical devices.
FinSMEs
16/02/2023