Bananaz Emerges from Stealth Mode with $5.3 Million Funding to Transform Design Change Management

Bananaz Emerges from Stealth Mode: Redefining Design Change Management

Bananaz, an innovative platform that is fundamentally changing the landscape of design change management for R&D and engineering teams, has recently announced its official exit from stealth mode, backed by a seed funding of $5.3 million from top investors 10D and Cardumen Capital. This significant milestone enables Bananaz to expand its AI-driven solutions aimed at providing engineering teams with cutting-edge tools to eliminate inefficiencies associated with traditional design workflows, thereby saving critical time and resources in the production process.

Bananaz addresses major concerns faced by manufacturers, particularly for R&D and engineering teams involved in validating and reviewing technical plans. Leveraging AI and computer vision, the platform automates error detection and manages changes within engineering teams and external partners. This reduces manual tasks and mitigates the risk of costly errors. From automated comparison of CAD drawings and 3D models to real-time collaboration, Bananaz empowers engineering teams to optimize every aspect of their workflows.

Or Israel, the CEO of Bananaz, stated, "The current manufacturing landscape is increasingly complex and rapidly evolving. We created Bananaz to help companies identify issues at an early stage, minimize rework, and ensure that products meet the highest quality standards. We've been astonished to see how Bananaz has enabled teams to cut down on design lead times and costs, allowing R&D and engineering teams to move forward with greater speed and confidence. Our platform is transforming the way they manage design changes at every stage of production, without sacrificing accuracy or safety."

The Importance of AI-Driven Design Change Management

As the manufacturing industry evolves, the integration of AI into design workflows has become crucial for maintaining competitiveness. Bananaz facilitates quicker and more informed decision-making for engineers by automating traditionally manual processes like design validation, change tracking, and error detection. This significantly reduces the risk of production delays, reworks, and product recalls—long-standing challenges in the sector.

Industry experts indicate that the manufacturing domain increasingly adopts AI-driven technologies as a cornerstone of Industry 4.0 to retain a competitive edge. The ability of AI to detect potential issues early in the product lifecycle can avert expensive errors that might otherwise go unnoticed. With Bananaz, manufacturers can focus on risk identification early in the process, ensuring improved product quality and reduced time-to-market.

Moreover, the incorporation of AI into design workflows not only streamlines operations but also ensures that companies remain compliant with ever-evolving industry standards and regulations regarding sustainability and traceability—two areas that are receiving heightened attention. By providing real-time collaborative tools, AI-driven insights grounded in industry standards like ISO and ASME, and seamless CAD/PDM integration, Bananaz assists firms in navigating these challenges while simultaneously cutting operational costs.

In manufacturing, where an estimated 30% of engineering time is lost due to manual revisions and 20% of revenue is eroded by design errors, Bananaz’s AI-driven solution represents a significant advantage. The platform can drastically reduce drawing revision times by up to 90%, eliminating undetected drawing errors and allowing companies to save millions in rework and recalls.

Adi Dangot Zukovsky, a partner at 10D, commented, "Bananaz is exceptionally positioned to tackle some of the most pressing challenges in today’s manufacturing sector. Their platform has the potential to revolutionize workflows and cut costly mistakes that impact production timelines and financial outcomes."

Gonzalo Martínez de Azagra, a partner at Cardumen Capital, added, "It's rare to see an industry so ripe for disruption while clients are equally ready to embrace it. Bananaz brings product development and technical planning into the 21st century with its native AI collaborative platform."

About Bananaz

Bananaz is an AI-driven platform designed to revolutionize how businesses manage design changes with its powerful AI co-pilot and comparison tools. By harnessing advanced technologies in artificial intelligence and computer vision, Bananaz automates some of the most tedious aspects of the design process, from initial concept to final delivery. The platform helps engineering teams reduce errors, enhance collaboration, and streamline workflows while ensuring data security. By integrating seamlessly into existing CAD and PDM systems, Bananaz enables engineers to work smarter and faster without interruption. To learn more, visit www.bananaz.ai and follow them on LinkedIn.