bananaz: $5.3 Million (Seed) Raised To Transform Design Change Management

By Amit Chowdhry • Dec 3, 2024

bananaz, a platform redefining design change management for R&D and engineering teams, announced its official exit from stealth mode backed by $5.3 million in seed funding from leading investors, 10D and Cardumen Capital. This milestone enables bananaz to scale its AI-based solutions, offering engineering teams the tools that eliminate the inefficiencies of traditional design workflows, saving valuable time and money across the entire production process.

bananaz tackles the critical pain points for manufacturers, especially for R&D and engineering teams in the validation and review of technical drawings. By utilizing AI and computer vision, the platform automates error detection and manages change across engineering teams and external partners, reducing manual busywork and preventing costly mistakes. From automated drawing and 3D CAD model comparison to real-time collaboration, bananaz empowers engineering teams to optimize every aspect of their workflows.

As the manufacturing industry evolves, integrating AI into design workflows has become essential to remaining competitive. Banana enables engineers to make faster, more informed decisions by automating traditionally manual processes, such as design validation, change tracking, and error detection. This reduces the risk of production delays, rework, and product recalls, which have long plagued the industry.

Integrating AI into design workflows streamlines operations and also ensures that companies can maintain compliance with evolving industry standards and regulations, including the growing focus on sustainability and traceability. And by offering real-time collaboration tools, valuable AI insights based on industry standards such as ISO and ASME, and seamless CAD/PDM integration, bananaz helps companies manage these challenges efficiently while reducing operational costs.

KEY QUOTES:

“Today’s manufacturing landscape is becoming more complex and fast-paced. We built bananaz to help companies catch issues early in the process, minimize rework, and ensure that products meet the highest quality standards. We’ve been astonished at how effectively bananaz has enabled teams to cut down on design time and costs, empowering R&D and engineering teams to move faster and with greater confidence. Our platform transforms how they manage design changes at every stage of production without sacrificing accuracy or security.”

  • Or Israel, CEO of bananaz

“bananaz is uniquely positioned to address some of the most pressing challenges in manufacturing today. Their platform has the potential to revolutionize workflows and reduce costly errors that impact production timelines and bottom lines.”

  • Adi Dangot Zukovsky, Partner at 10D

“It is rare to see an industry so ripe for disruption with customers also ready to accept it. bananaz brings product development and technical drawings to the 21st century with its AI native collaborative platform.”

  • Gonzalo Martínez de Azagra, General Partner at Cardumen Capital