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Axion Ray’s AI attempts to detect product flaws to prevent recalls
Axion Ray, a company developing an AI-powered product to detect and (with any luck) prevent recall-level product issues, has raised $17.5 million in new funding.
“We use a specialized AI to scan messy, unstructured and disconnected data across various systems to flag emerging recurring product quality issues,” First explained. With a team of 70 employees and customers in healthcare, consumer electronics, aeronautics, automotive and industrial equipment, including Boeing and Denso, First said he’s feeling confident in Axion’s growth trajectory. Added Bessemer Venture Partners’ Kent Bennett via email: “Axion Ray has emerged as a clear market leader in automating workflows for field engineers to identify quality problems faster.
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