Augury Inc., a NYC and Haifa and Tel Aviv, Israel-based supplier of Industrial AI options for Reliability and Course of Optimization, raised $75m in Collection F funding.
The spherical was led by Lightrock with participation from current traders Perception Companions, Eclipse, Qumra Capital in addition to Schneider Electrical Ventures and Qualcomm Ventures.
The corporate intends to make use of the funds for the introduction of Agentic-AI capabilities.
Led by Saar Yoskovitz, co-founder and CEO, Augury is a frontrunner in Machine Well being and Course of Well being options. The corporate makes use of purpose-built AI know-how, skilled by trade consultants and a big information library, to assist manufacturing and industrial firms remove manufacturing downtime, enhance course of effectivity, maximize yield, and scale back waste and emissions.
Since its final funding spherical in 2021, Augury has seen a five-fold improve in revenues, tripled buyer base amongst Fortune 500 producers, and expanded its product portfolio from asset efficiency and reliability to include AI pushed options for course of optimization.
FinSMEs
19/02/2025
