Cybord raises $8.7 million Series A to inspect electronic components with AI
Cybord raises $8.7 million Series A to inspect electronic components with AI
Partnered with leading manufacturers including Flex and Siemens, Cybord is integrated into over 60 manufacturing lines worldwide, inspecting millions of electronic components daily.
Cybord, which develops a visual AI solution ensuring electronic component quality, authenticity, and traceability, announced that it has secured $8.7 million in Series A funding. The round was led by Capri Ventures, with participation from Ocean Azul Partners and existing investors IL Ventures and NextLeap Ventures, among other new and current investors.
Partnered with leading manufacturers including Flex and Siemens, Cybord is integrated into over 60 manufacturing lines worldwide, inspecting millions of electronic components daily.
Founded in 2018 by CTO Eyal Weiss and led by CEO Oshri Cohen, Cybord is headquartered in Wilmington, Delaware.
Cybord's solution enables analysis of all electronic components placed on PCBA (printed circuit board assembly). Using deep learning and AI algorithms, Cybord analyzes and inspects 100% of electronic components on PCBA powering everything from electric vehicles to data centers. The Cybord solution addresses the industry's critical need to confront electronic component quality to prevent damaging product condition, consumer trust, and manufacturers' bottom lines.
"We are honored to have secured this round of financing from trusted partners and investors who understand the necessity of the Cybord mission," said Oshri Cohen, CEO of Cybord. "With a variety of industries increasingly dependent on electronic components, it has never been more important to ensure that they are of the highest quality. The Cybord solution has been validated time and time again by our leading global partners, and these funds will allow us to scale faster and bring our comprehensive AI-powered solution to more companies worldwide, delivering on our mission to ensure only the best electronic products."
