Profet AI helps producers construct prediction fashions and industrial AI software program


Profet AI helps manufacturers build prediction models and industrial AI software

Profet AI, a Taiwanese startup that makes auto machine studying software program for producers, introduced in the present day it has raised $5.6 million in Sequence A funding. The spherical was led by Darwin Ventures. Returning traders Hive Ventures, AUO and SVTI additionally participated, together with Harbinger VC and Jensen Capital Administration.

Based in 2018, Profet AI’s prospects embody Foxconn, Advantech and ASE Group, and it says it doubled its income in 2022. The funding can be used on Profet AI’s growth in Japan, Southeast Asia and China, with plans to signal joint ventures with abroad companions.

Profet AI’s software program lets customers construct prediction fashions and industrial AI apps for manufacturing and digitalization, even when they solely have primary data of machine studying.

The corporate’s flagship merchandise are its AutoML Digital Knowledge Scientist Platform and Prepared To Go Purposes. They’re supposed to be used by shoppers within the semiconductor, electronics, chemical compounds and textile manufacturing industries.

The AutoML Digital Knowledge Scientist Platform is a no-code growth program that lets customers design enterprise AI functions, whereas Prepared To Go Purposes are industry-specific AI apps which might be prepared for use in public cloud or on-premise environments.

In an announcement, Darwin Enterprise Administration associate Kay Lin stated, “The AutoML Digital Knowledge Scientist Platform of Profet AI is predicated on empowering, which shortly allows digital transformation and clever evolution within the manufacturing {industry}. Darwin may be very optimistic about Profet AI’s strengths and can leverage our stable background within the semiconductor and electronics {industry} to actively help Profet AI’s market growth.”

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