DarwinAI

About

DarwinAI’s Generative Synthesis 'AI building AI' technology enables optimized and explainable deep learning.

Waterloo,Ontario,Canada
11 - 50
https://darwinai.com

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $8.10M
Industries: Artificial Intelligence,Education,Electronics,Hardware,Machine Learning,Manufacturing,Software
Founded date: Jan 1, 2017
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: DarwinAI Corp

DarwinAI’s Generative Synthesis 'AI building AI' technology enables optimized and explainable deep learning. Based on distinguished scholarship by an award-winning team led by a Canada Research Chair in A.I., DarwinAI takes the guesswork out of building better A.I. The company is providing manufacturers with an end-to-end solution to improve product quality and increase production efficiency.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$8.10M $11.89M

DarwinAI has raised a total of $8.10M $11.89M in funding over 2 rounds. Their latest funding was raised on Dec 22, 2022 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 22, 2022	Series A	$8.10M	4	BDC Venture Capital	—	Detail
Jan 6, 2021	Seed	—	5	Honeywell Venture Capital	—	Detail
Dec 15, 2020	Seed	$5.90M	2	Honeywell Venture Capital	—	Detail
Nov 13, 2019	Convertable Note	$2.39M	1	Good News Ventures	—	Detail
Sep 18, 2018	Seed	$3.60M	2	Inovia Capital Obvious Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

7

11

DarwinAI is funded by 11 investors. BDC Venture Capital and Good News Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
BDC Venture Capital	Yes	Series A
Good News Ventures	Yes	Convertable Note
Creative Destruction Lab (CDL)	Yes	Non-Equity Assistant
Honeywell Venture Capital	—	Series A
Inovia Capital	—	Series A
Obvious Ventures	—	Series A
Guindy Alumni Angels	—	Seed
REDDS Capital	—	Seed
The Archangel Fund	—	Seed
Wharton Alumni Angels	—	Seed