South African startup DataProphet, which uses artificial intelligence (AI) to help manufacturers autonomous their operations, has completed its US$10 million Series A round to accelerate its growth globally. The funding provides DataProphet with the capital to invest further in its award-winning industrial AI product suite while facilitating targeted growth in selected geographies and manufacturing verticals. “I am excited about the continued support DataProphet has received from Knife Capital. Another important pillar is bringing in top talent to build on this momentum,” Cronje, CEO of DataProphet, said. “The optimisation of manufacturing performance in the context of Smart Manufacturing is still in the early adoption cycle.

Source: The North Africa Journal August 10, 2022 16:04 UTC