True Ventures, Israels More VC back AI manufacturing software developer Vanti Analytics | AltAssets Private Equity News
Summary
Vanti Analytics has sealed a $4.5m seed funding round led by Silicon Valley venture capital firm True Ventures and Israel’s More VC. The round includes participation from Israel’s i3 Equity Partners, who invested in 2019 alongside Ariel Maislos. Never miss a story – click to sign up to AltAssets’ free daily PE newsletter The manufacturing AI company is developing a self-service platform that aims to help manufacturing operations teams increase yields and throughput for electronic products. Its SaaS software platform looks to dramatically reduce ramp-up time, errors and test time for electronics manufacturers. The firm has raised $465m for its seventh early stage fund and another $375m for True Select Fund IV, which will provide follow-on capital to existing True portfolio companies.