Due to market factors such as the global epidemic, the entire manufacturing supply chain has been seriously damaged, and it is expected to be fully repaired in 2024 at the earliest. In a recent survey of more than 150 equipment manufacturing companies and 179 executives by the Association of Equipment Manufacturers (AEM), 98 percent of respondents said they continue to face supply chain issues, and more than half said supply chain conditions are worsening due to labor shortages and difficulties in obtaining raw material components. “CADDi,” a startup that helps manufacturing run B2B marketplaces, is scaling up to help these businesses weather the storm.

According to TechCrunch, the startup “CADDi” just closed a Series C round of funding, This round includes Globis Capital Partners, DCM Ventures, Global Brain, World Innovation Lab, JAFCO, Minerva Growth Partners and SMBC Venture Capital and Mitsubishi UFJ Capital participated in the investment, raising a total of $89 million.

Yushiro Kato (CEO), a former consultant at McKinsey & Company, and Aki Kobashi (CTO), a former engineer at Lockheed Martin and Apple, co-founded CADDi in 2017. “CADDi” offers two major solutions: the parts procurement platform CADDi Manufacturing and CADDi Drawer.

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“CADDi” works primarily with manufacturers who produce diverse products in small batches and only produce the corresponding products after confirming an order. However, the problem is that due to the limit of the number of products ordered, small and medium-sized manufacturers cannot enjoy the cost advantages brought by large-scale production, and thus cannot provide consumers with competitive product prices.

CADDi’s parts procurement platform, CADDi Manufacturing, can help manufacturers reduce procurement costs by nearly 20%. “CAADi” helps manufacturers streamline the procurement workflow by consolidating orders. It also offers multiple choices of similar materials and processes to meet the needs of manufacturers. In addition, it can coordinate suitable delivery times for both parties. “CAADi” claims that its platform delivery rate is as high as 99.83% on time, and the product quality rate is as high as 99.96%.

CADDi Drawer is a new platform launched by “CADDi” in June last year, which is a cloud service platform powered by artificial intelligence. Users can create, manage drawings, and view all procurement data, including quality, cost, and delivery details (QCD), on the platform, saving a lot of time and cost.

“CADDi” claims to work with 70% of Japan’s top 20 industrial equipment manufacturers (by revenue), and CADDi Drawer’s customers include Tokyo Electron and EBARA.