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Founded in Paris in September 2023, Cognyx is a VC-backed Tech company on a mission to build the “GitHub for Hardware”. Leveraging the most advanced data modeling, AI and software technologies, Cognyx’s Engineering Acceleration platform enables manufacturers to reach a 10x improvement in speed and reliability of their engineering operations. Cognyx’s mission starts with building the industry’s first “universal and collaborative BOM”, instating a seamless digital continuity between engineering IT systems.
In 2035, ≈ 25% of software spending of engineering-heavy companies will be dedicated to “Engineering Knowledge”. This new category of software will sit between the 2 heaviest business software categories (namely ERP and PLM) and will encompass capturing, connecting and leveraging knowledge of all operations. It will be the core space where AI can express its full potential, and will 10x the overall productivity of engineers through the value chain. Cognyx intends to capture this opportunity, starting with manufacturing’s #1 deliverable: the Bill Of Material!
In summer 2024, Cognyx raised a 1.7m€ pre-seed round led by BPI Digital Venture (VC arm of the French sovereign fund), supplemented by 0.8m€ of Venture Debt, taking initial funding to 2.5m€. By combining AI agents with deep industrial expertise, Cognyx is uniquely positioned at the forefront of the next industrial revolution. Our platform doesn't just automate—it thinks, learns, and adapts to complex engineering environments in real-time, creating unprecedented value for our clients and exponential growth opportunities for our investors.
Are you a VC, investor or business analyst with deep expertise in Enterprise SaaS, AI, and/or Manufacturing? We'd love to connect with you and share more about our vision, technology, and growth strategy! Feel free to reach out to us.
