CADDi, a startup that sells AI software to help manufacturers organize and use their engineering and production data, has raised $114 million in a new funding round that values the company at $1.2 billion.
Eight new and existing investors took part in the investment, which is the company’s Series D funding round, the Tokyo- and Chicago-based company said.
Among them are Moore Strategic Ventures, Coreline Ventures, Toyota’s growth-stage fund Woven Capital, Salesforce Ventures, and HR Tech Fund, the corporate venture arm of Japan’s Recruit Holdings. Existing backers Atomico, Globis Capital Partners, and the JPS Growth funds, managed by a Japan Post Bank subsidiary, also took part in the funding.
The valuation is more than double the $470 million CADDi reported in March 2025. The new round brings CADDi’s total funding to $234 million, the company said.