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Venture Capital News: Cybord Scores $8.7M Series A Round

2024-09-17
WILMINGTON, DE, Cybord, the visual AI solution ensuring electronic component quality, authenticity, and traceability, today 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. This newest funding will be used to accelerate the company's growth and further global distribution of its transformative solution.

Cybord is the leading visual AI component analytics solution for the electronic manufacturing ecosystem. Cybord's solution enables 100% analysis of all electronic components placed on PCBA. The solution implements proprietary visual AI and big data technology to ensure quality, authenticity, and forensic traceability to support OEMs and EMSs globally.
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