DarwinAI Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 27

Employees

  • Latest Deal Type
  • M&A

DarwinAI General Information

Description

Developer an AI-powered visual quality inspection system designed to facilitate the PCBA manufacturing lifecycle. The company's system uses specialized optics and artificial Intelligence to detect defects in PCBA products and increase consistency over manual or other automation systems, enabling manufacturers to improve their product quality and reduce costs to increase customer satisfaction.

Contact Information

Website
www.darwinai.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 600 Weber Street North
  • 2nd Floor
  • Waterloo, Ontario N2V 1K4
  • Canada
Primary Industry
Business/Productivity Software
Acquirer
Apple
Vertical(s)
Advanced Manufacturing, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 600 Weber Street North
  • 2nd Floor
  • Waterloo, Ontario N2V 1K4
  • Canada

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DarwinAI Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
18. Merger/Acquisition 01-Jan-2024 Completed Generating Revenue
17. Later Stage VC 01-Jul-2023 Completed Generating Revenue
16. Later Stage VC 10-Jan-2023 Completed Generating Revenue
15. Seed Round 22-Dec-2022 Completed Generating Revenue
14. Accelerator/Incubator 01-Jan-2021 Completed Generating Revenue
13. Early Stage VC 01-Jan-2021 Completed Generating Revenue
12. Early Stage VC (Series A) 01-Jan-2021 Cancelled Generating Revenue
11. Accelerator/Incubator 20-Dec-2020 Completed Generating Revenue
10. Seed Round 12-Nov-2020 $4M $9.8M Completed Generating Revenue
9. Seed Round 13-Nov-2019 $2.4M $5.8M Completed Generating Revenue
To view DarwinAI’s complete valuation and funding history, request access »

DarwinAI Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer an AI-powered visual quality inspection system designed to facilitate the PCBA manufacturing lifecycle. The co
Business/Productivity Software
Waterloo, Canada
27 As of 2024

Sunnyvale, CA
 

La Grange, TX
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DarwinAI Competitors (24)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Lincode Venture Capital-Backed Sunnyvale, CA
ImageVision Formerly VC-backed La Grange, TX
Lexalytics Private Equity-Backed Amherst, MA
Parascript Private Debt Financed Longmont, CO
SigOpt Formerly VC-backed San Francisco, CA
You’re viewing 5 of 24 competitors. Get the full list »

DarwinAI Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 6

    Pending

  • Expiring in next 12 mo

DarwinAI Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220076142-A1 System and method for selecting unlabled data for building learning machines Pending 08-Sep-2020
US-20220051077-A1 System and method for selecting components in designing machine learning models Pending 12-Aug-2020
US-20210279618-A1 System and method for building and using learning machines to understand and explain learning machines Pending 29-Aug-2018
EP-3649582-A1 System and method for automatic building of learning machines using learning machines Pending 07-Jul-2017
US-20190138929-A1 System and method for automatic building of learning machines using learning machines Inactive 07-Jul-2017 G06N20/00
To view DarwinAI’s complete patent history, request access »

DarwinAI Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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DarwinAI Former Investors (32)

Investor Name Investor Type Holding Investor Since Participating Rounds
5G Open Innovation Lab Accelerator/Incubator Minority
ACVC Partners Venture Capital Minority
Antoine Nivard Angel (individual) Minority
Archangel Network of Funds Venture Capital Minority
BDC Capital Growth/Expansion Minority
You’re viewing 5 of 32 investors. Get the full list »

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DarwinAI FAQs

  • When was DarwinAI founded?

    DarwinAI was founded in 2017.

  • Who is the founder of DarwinAI?

    Sheldon Fernandez, Arif Virani, Francis Li, Brendan Chwyl, Mohammad Shafiee Ph.D, and Alexander Wong Ph.D are the founders of DarwinAI.

  • Where is DarwinAI headquartered?

    DarwinAI is headquartered in Waterloo, Canada.

  • What is the size of DarwinAI?

    DarwinAI has 27 total employees.

  • What industry is DarwinAI in?

    DarwinAI’s primary industry is Business/Productivity Software.

  • Is DarwinAI a private or public company?

    DarwinAI is a Private company.

  • What is DarwinAI’s current revenue?

    The current revenue for DarwinAI is .

  • How much funding has DarwinAI raised over time?

    DarwinAI has raised $23.9M.

  • Who are DarwinAI’s investors?

    5G Open Innovation Lab, ACVC Partners, Antoine Nivard, Archangel Network of Funds, and BDC Capital are 5 of 32 investors who have invested in DarwinAI.

  • Who are DarwinAI’s competitors?

    Lincode, ImageVision, Lexalytics, Parascript, and SigOpt are some of the 24 competitors of DarwinAI.

  • When was DarwinAI acquired?

    DarwinAI was acquired on 01-Jan-2024.

  • Who acquired DarwinAI?

    DarwinAI was acquired by Apple.

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