Israeli industrial AI co Augury raises $75m

Israeli Ai Machine Health and Process Hateful It announced the completion of a $ 75 million financing round led by Lightrock with the participation of the current investors Insight Partners, Eclipse, Qumra Capital, Schneider Electric Ventures and Qualcomm Ventures. The new tour is an increase in the Augurey evaluation, which maintains its position as the “unicorn” start.

Since the last financing round in 2021, Augurey's revenue has increased by five times, and its customer base from Fortune 500 manufacturers three times-includes customers Pepsico, Dupont and Colgate-Palmolive. The company has also expanded its product portfolio of assets and reliability to integrate solutions driven by artificial intelligence to improve the process.

Augury, which was established in 2011 by CEO Saar Yoskovitz and CPTO GAL Shaul,

Yoskovitz said, “Augurey has a long history of priority, from the introduction of artificial intelligence solutions. Assets and operations.”

Augury has also announced the appointment of Elan Greenberg as CEO of Operations. Greenberg helped expand the scope of leading business in the categories, such as Flock and DooDash, and solving complex operating problems with a focus on customer satisfaction.

“We are proud of our position as a leader in artificial artificial intelligence,” Yuskovitz added. “But we see our achievements as just preparing for the opportunity we have. We are excited to partnership with the world's leading companies to enter into a new generation of artificial intelligence and push the limits of human productivity.”

It was published by Globes, Israel Business News – En.globes.co.il – on February 19, 2025.

© Copy Publish Publisher Itonut (1983) Ltd. , 2025.