Advex AI Raises $3.5 Million in Seed Round

by Kay Aloha Villamor in November 5th, 2024

Advex AI, a San Francisco, CA-based startup focused on solving critical data challenges in AI vision for manufacturing, has raised $3.5 million in seed funding. 

Investors 

The round was led by Construct Capital, with additional support from Pear VC, Emerson Collective, and angel investors Arash Ferdowsi (Dropbox co-founder) and Ankit Jain (Infinitus CEO). 

Founded in 2020, Construct Capital is an early-stage venture capital firm investing in exceptional founders transforming foundational industries like manufacturing, supply chain, food, and transportation, focusing on Seed and Series A rounds. 

About Advex AI 

Advex AI is a cutting-edge startup specializing in AI Vision technology for the manufacturing sector. The company creates self-healing AI Vision models for industrial applications by leveraging diffusion-based synthetic data. Its platform uses advanced generative AI to analyze existing data, identify gaps, and generate synthetic data to fill them. Advex researches representation learning and diffusion models to solve the out-of-distribution generalization problem. 

Funding Details 

Company: Advex AI 

Raised: $3.5M 

Round: Seed 

Funding Date: November 2024 

Lead Investor: Construct Capital 

Additional Investors: Pear VC, Emerson Collective, Arash Ferdowsi, Ankit Jain 

Company Website: https://www.advex.ai/  

Software Category: AI Vision 

Source: https://www.businesswire.com/news/home/20241101294740/en/

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