University of Illinois Urbana-Champaign’s cost management platform developer has increased its valuation to $280m in its most recent round.
APriori Technologies, a US-based digital manufacturing software spinout of University of Illinois Urbana-Champaign, raised $30m in a series D round co-led by PBJ Capital and Omega Venture Partners on Tuesday.
The round boosted the company’s valuation to $280m.
Founded in 2004, aPriori has created a software platform which lets industrial clients such as automotive manufacturers gain insight into cost and manufacturing feasibility of their designs in real time.
The funding will be used to develop aPriori’s suite…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
