Vanti Brings Analytics to the Electronics Manufacturing
25 November, 2020
Vanti Analytics Closed $4.5 Million Seed Round for a cloud-based SaaS platform to increase yields and throughput of electronics production lines
Above: The CEO Smadar David (right) and the CTO Nir Osiroff
AI tecchnologies may have a deep impact on the yield and effectiveness of elelctronics production lines. Vanti Analytics from Tel aviv is doing just that: It provides a SaaS-based solution already tested by adsvanced customer. Today the company announced a $4.5 million seed funding round led by True Ventures and More VC with participation of i3 Equity Partners and the private investor Ariel Maislos. Vanti has raised $6 million total since it was established in 2019.
The company is developing a cloud-based platform that helps manufacturing operations teams increase yields and throughput for electronic products. Its SaaS software platform autonomously leverages machine learning to dramatically reduce ramp-up time, errors and test time for electronics manufacturers. The company was established by the CEO Smadar David and the CTO Nir Osiroff, both are veterans of the automotive LiDAR sensor provider Innoviz Technologies, and of technological units in IDF.
Prior to founding Vanti, Smadar had served as MEMS & Mechanics Group Manager at Innoviz and Osiroff had served as a head of InnovizPro product line at Innoviz. “As a manufacturer in a very competitive environment, we’re always looking to speed up ramp-up time and serve our customers with the highest quality, volume and price,” said Omer Keilaf, CEO and co-founder of Innoviz. “That’s exactly where Vanti’s platform comes into the picture. We liked how fast it was integrated and demonstrated value leveraging our operations data.”