Japan’s B2B ordering and supply platform CADDi raises $73 million Series B funding
“As a start point, in the near future, we are believing about offering ‘Drawing Management SaaS,'” which has been used internally for CADDi’s ordering operation, to help customers fix functional discomforts in handling stacks of illustrations. CADDi’s next axis of development will be other growing markets, particularly in Southeast Asia, Kato pointed out. COVID-19 had a various impact on various markets in the procurement and production sector, with “the automobile and maker tool industries were negatively affected by the pandemic and experienced an up to 90% momentary drop in sales, while other markets such as the medical and semiconductor industries have experienced explosive development in demand. Masaya Kubota, partner at World Innovation Lab, told TechCrunch, “CADDi’s service of rebalancing and aggregating supply and demand has when again proven to be essential to both purchasers and manufacturers, with the pandemic interrupting the whole supply chain in manufacturing. Another financier principal at DCM, Kenichiro Hara, likewise said in an email interview with TechCrunch, “The pandemic made the manufacturing market’s supply chain vulnerabilities rather clear early on.
COVID-19 had a different effect on different markets in the procurement and production sector, with “the automobile and device tool industries were negatively impacted by the pandemic and experienced an up to 90% temporary drop in sales, while other industries such as the medical and semiconductor industries have actually experienced explosive growth in demand. Masaya Kubota, partner at World Innovation Lab, told TechCrunch, “CADDi’s solution of aggregating and rebalancing supply and demand has as soon as again shown to be essential to both manufacturers and purchasers, with the pandemic disrupting the whole supply chain in production. Another financier principal at DCM, Kenichiro Hara, also said in an e-mail interview with TechCrunch, “The pandemic made the manufacturing market’s supply chain vulnerabilities rather clear early on.