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CADDi raises $38M Series C Extension led by Atomico to double down on rapid growth of their AI data platform for manufacturing companies
- CADDi, the AI data platform for manufacturing companies on a mission to unleash the potential of manufacturing through democratising supply chain data, today announced the closing of a $38M Series C Extension financing, led by Atomico. The company additionally secured $30M long-term debt from Mizuho and other banks.
- The company, founded in 2017 by industry heavyweights Yushiro Kato (McKinsey) and Aki Kobashi (Apple, Lockheed Martin) and based between Tokyo and Chicago, launched their software platform three years ago to massive customer demand.
- Since then, the company has grown their AI data platform to hundreds of customers, including Hitachi, Kawasaki, Subaru, and Tokyo Electron as companies seek to drive efficiency and lower costs.
Chicago, United States / Tokyo, Japan: Thursday 27th March 2025, 00.01 GMT / 09.01 JST / 26th March 19.01 CDT - CADDi, the AI data platform for empowering manufacturing companies globally by transforming legacy drawings and supply chain data into fuel for digital transformation, today announces the closing of a $38M Series C Extension led by Atomico, a leading European growth investment firm. The round saw further doubling down of existing growth investors like Global Brain and Minerva Growth.
CADDi was founded in Tokyo in 2017 by industry heavyweights Yushiro Kato and Aki Kobashi after major roles at Apple, Lockheed Martin and McKinsey. CADDi started life as a tech-enabled manufacturing marketplace and attracted investors like Arena Holding, DCM, DST Global, Globis Capital and World Innovation Lab. Three years ago, CADDi launched an AI Data platform for manufacturing companies amid massive customer demand. It is now fully focused on this software platform and experiencing remarkable revenue growth. To further drive global expansion, key members of the management team, including Co-Founder & CEO Yushiro Kato, have relocated to Chicago and are building an experienced team of industry veterans there.
Manufacturing businesses globally are grappling with cost and efficiency pressures. In response, they are increasingly looking to adopt AI tooling, but confidence in the broadly unstructured data layers feeding existing AI models remains low as the software systems built to support this industry are now 30 to 40 years out of date. As a result, this data is often siloed across multiple legacy software solutions and the physical world, lacking contextual enrichment - particularly with valuable supply chain data. Without usable, structured data, these AI initiatives are bound to fail.
“We have seen tremendous demand from global companies for our software platform due to the tangible, immediate ROI we can provide them with, turbocharging their AI-driven operational transformations. Some of our product use cases, like similarity search of historical technical drawing data, are not only highly valuable standalone but are the natural insertion point to build further deeply integrated, workflow based modules on top, like the quotation product for procurement teams we recently launched,” said CADDi Co-Founder & CEO Yushiro Kato. “Additionally, some of the current geopolitical tensions like tariffs, for example, are further slated to complicate supply chains and our AI platform is well positioned to help companies across the world navigate these challenges.”
Large enterprises are used to operating in silos with communication restricted to infrequent cross-team meetings and endless email chains. Engineering, procurement and sales teams all work with different software packages and manually end up communicating information to each other today. These enterprises have their mission-critical data scattered across those systems and have few ways to structure, unify and use it. This leaves these global companies exposed and vulnerable.
CADDi provides the solution to this huge problem with their AI data platform on a mission to democratise supply chain data, starting with technical drawings; the company’s software platform turbocharges the legacy tech stack by enriching product level data and structuring it such that it can be used for making better decisions. The foundation of this manufacturing intelligence layer is an AI-enabled search engine that tackles a plethora of use cases. One example is to optimise parts pricing through a similarity search of historical technical drawings to find pricing inconsistencies. For an average customer, one project typically involves over 10,000 individual technical drawings. Similarity search means employees save time and the company saves money by optimising negotiating positions in the procurement process, as well as ability to find alternative suppliers on a part level linked to the actual technical drawings.
“The problem CADDi is solving is vast and consistent across the world. Their AI data platform is the gold-standard and transforming the manufacturing industry, serving as the high-octane rocket fuel propelling some of the world’s largest companies toward unprecedented operational efficiency and excellence. Despite having grown to real scale at growth rates in the top decile compared to some of the best benchmarks in the software space globally, the team around Yushiro and Aki are so far only scratching the surface of this generational market opportunity, all while exhibiting best-in-class unit economics, efficiency and retention metrics. We are excited to lead this round and support this exceptionally ambitious team on their continued global expansion from Japan into the US and Europe,” Luca Eisenstecken, Partner at Atomico, added.
CADDi has been able to grow their software platform at outsized velocity, far exceeding the typical best-in-class T2D3 growth benchmark for SaaS companies. The company has been able to land global companies like Hitachi, Kawasaki, Subaru, and Tokyo Electron as customers within three years of launching. CADDi is planning to use this funding to further fuel product development to continue to build out both the core AI data platform and launch additional vertical modules built on top, as well as double down on their global expansion, starting in the US and subsequently Europe.
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About Atomico
Atomico is the founder-built venture capital firm, investing in ambitious technology entrepreneurs from the earliest stages through to IPO. Founded in 2006, Atomico has partnered with over 160 ambitious teams, leveraging deep operational experience to supercharge their growth. These include Klarna, Supercell, DeepL, Aiven, Bird (formerly MessageBird), Stripe, Attentive, Pipedrive, TravelPerk, Hinge Health and Wellhub. Atomico's team of investors and operational leaders are drawn from some of the most successful technology companies in the world, including Skype, Google, Twitter and Wise. The firm is currently investing from their $1.24 billion sixth fund.
About CADDi
CADDi is a startup company with a mission to "Unleash the Potential of the Manufacturing." By transforming scattered data and experience into valuable assets, CADDi develops and provides the "Manufacturing AI Data Platform CADDi," which creates new value in the industry.
The company offers applications such as the "Manufacturing Data Utilization Cloud - CADDi Drawer" and the "Manufacturing AI Quotation Cloud - CADDi Quote," with plans to introduce additional applications to the platform in the future.
With operations in four countries, including Japan, the United States, Vietnam, and Thailand, CADDi aims to drive global transformation in the manufacturing sector. The company has raised a total of $202M in funding to date and has more than 600 employees globally.
Media Contact
Abigail Daniels
Communications Director
Atomico
Maki Asano
Global PR Manager
CADDi
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