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Mar 15, 2024

Apple acquires AI startup specializing in overseeing manufacturing components

Posted by in category: robotics/AI

Apple has added another AI startup to its acquisition list with Canada-based DarwinAI, which specializes in vision-based tech to observe components during manufacturing to improve efficiency, Bloomberg reported.

While Apple and DarwinAI haven’t announced this deal, several members of the startup’s team joined Apple’s machine learning teams in January, as per their LinkedIn profiles.

DarwinAI had raised over $15 million in funding across various rounds from investors, including BDC Capital’s Deep Tech Venture Fund, Honeywell Ventures, Obvious Ventures and Inovia Capital. BDC Capital confirms on its website that it has received an exit from DarwinAI, whereas Obvious Ventures has updated its portfolio to reflect that the startup has been acquired.

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