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CADDi raises $89M

By TechTaffy Desk

CADDi, a procurement solutions provider for the manufacturing industry, has raised a $89 million Series C funding round.

CADDi’s Series C round was co-led by existing investors Globis Capital Partners, DCM Ventures, Global Brain, World Innovation Lab, JAFCO, and Minerva Growth Partners. The company also had four new investors, including SMBC Venture Capital and Mitsubishi UFJ Capital.

CADDi is headquartered in Japan, with offices in Chicago, Illinois.

CADDi has raised $164 million to date.

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