CADDi has raised $114 million in Series D funding at a $1.2 billion valuation, money it will put largely toward expanding in North America and building out its Manufacturing AI Data Platform. Eight new and existing investors took part, including Moore Strategic Ventures, Coreline Ventures, Salesforce Ventures, Woven Capital, and existing backers Atomico and Globis Capital Partners. The round brings CADDi's total funding to $234 million and makes the company, headquartered in Chicago and Tokyo, a unicorn.

The platform tackles a problem quality and engineering teams know well: the knowledge needed to make good decisions is scattered across drawings, specifications, past project records, and the heads of experienced engineers, and most of it is hard to retrieve at the moment it is needed. CADDi's system reads that fragmented data, gives it a common semantic structure, and connects it across engineering, procurement, production, and quality, so a person or an AI agent can draw on the same context without manual handoffs between departments. The company frames the payoff in terms its customers measure: fewer defects, shorter lead times, lower cost.

The raise lands as CADDi rolls its next-generation platform into the U.S., following an August launch in Japan. The lineup has been renamed and expanded: CADDi Explorer, a manufacturing discovery engine, is the successor to the company's CADDi Drawer product, and a new CADDi Agent analyzes manufacturing data and takes action within a given company's operating context. CADDi is also adding six domain-specific workflow products spanning the manufacturing value chain.

The funds are earmarked across four areas: proprietary AI and technology development, expanding the platform, scaling global operations centered on North America, and hiring. The U.S. launch is the strategically important part, since it is CADDi's full-scale entry into the world's second-largest manufacturing market.

CADDi was founded in 2017 by Yushiro Kato and Aki Kobashi, formerly of McKinsey and Apple, and now serves manufacturers in more than 20 countries, including some of the largest publicly traded companies in Japan and the United States. Investor Emre Hidekazu Yuasa of Globis Capital Partners, which first backed CADDi at its Series A in 2018, called the unicorn valuation a waypoint rather than a destination