bananaz leaves stealth mode with USD 5.3 million in seed funding

Startup bananaz focuses on design workflows through automation and is backed by 10D and Cardumen Capital.

Tel Aviv, December 4, 2024 - Tel Aviv-based startup bananaz has received $5.3 million in seed funding. The round was led by leading investors 10D and Cardumen Capital. The aim is to drive the development of the AI-powered platform for change management in design and manufacturing and expand its market reach.

AI revolutionizes change management in manufacturing

bananaz uses AI and computer vision technologies to automate manual processes such as design review and defect detection. The platform enables engineering teams to efficiently manage changes, minimize errors and optimize the entire workflow. This saves time, reduces costs and helps to identify errors early in the production cycle.

Our platform is designed to help companies work more efficiently and maintain the highest quality standards

Or Israel, Managing Director of bananaz

Cross-industry benefits through automation

With features such as automated CAD model comparison and real-time collaboration, bananaz addresses a key need in the manufacturing industry. Statistics show that 30% of development time is lost in manual reviews, while 20% of revenue is impacted by design errors. bananaz's AI-driven solution reduces inspection times by up to 90% and eliminates undetected errors.

Investors such as 10D and Cardumen Capital are convinced of the platform's potential. Adi Dangot Zukovsky, Partner at 10D, emphasizes: "bananaz offers solutions to some of the biggest challenges in the manufacturing industry."

The funds will be used to scale the platform, expand the team and further optimize the technology.