Contact Information

New York

We Are Available 24/ 7. Call Now.

DataProphet, a South African AI-based startup, has completed its $10 million Series A round in order to further invest in its industrial artificial intelligence product set.

The startup was founded by Frans Cronje and Daniel Schwartzkopff founded in 2017 to provide AI-as-a-service software in the manufacturing space.

One of the startup’s product set is called CONNECT. It is designed to augment data infrastructure and transfer data from where it has been used for compliance to where it can be used for optimization.

Cronje explained that DataProphet is used by manufacturers at various stages of their digitization journeys. Hence, data collection and centralization are essential to getting them started.

According to the founders, the platform currently receives approximately 100 million unique data points daily.

In raising $10 million to expand their services led by Knife Capital, IDC and Norican were part of investors. 

DataProphet clientele covers the automotive sector, semiconductor, rubber, and foundry industries, expanding its solution to plants in Europe, United States, China, India, Japan, and South America.

Thank you for reading this piece on TechTouch. Please share today’s edition with your network on WhatsApp, Telegram and other platforms, and feel free to leave comments or any suggestions. We’ll like to learn more from you as well.

Follow us on Twitter, Instagram, and Facebook, to stay engaged in our real-time conversations on fashion, tech and innovation in Africa.

 

By Elijah Christopher 

 

Share:

Elijah Christopher is a lifelong creative artist and a journalist for “A New Touch Of Africa”, an American news media and magazine focusing on Africa-related issues, fashion, new technologies and innovations. He has contributed to several published works, most notably a collaborative poem celebrating Scottish poet Edwin Morgan and in 2021 was the winner of the DIAJ Award for his photo-artistry.

Leave a Reply

Your email address will not be published.