Cybord, a company at the forefront of visual AI technology for electronic manufacturing, has raised $8.7 million in a Series A funding round. The funding, led by Capri Ventures with participation from Ocean Azul Partners, IL Ventures, and NextLeap Ventures, will enable Cybord to expand its operations and global reach, providing manufacturers with advanced tools to ensure the quality, authenticity, and traceability of electronic components. The company’s unique platform, which inspects 100% of electronic components on production lines, aims to reshape how industries from automotive to aerospace manage quality control in their supply chains.
The Growing Challenge of Electronic Component Quality
Electronic components are the backbone of modern technology, powering everything from electric vehicles to data centers. However, the complexity of global supply chains has led to a growing problem with component quality, with 2023 seeing a seven-year high in product recalls due to defective or counterfeit components. These faulty components not only harm product performance but can also lead to significant financial losses from recalls, warranty claims, and damage to a company’s reputation.
Cybord’s solution addresses these challenges head-on by offering a cutting-edge platform that integrates deep learning and AI to analyze and verify each component used in the assembly of printed circuit boards (PCBA). By scanning every part during production, the platform ensures manufacturers only use reliable, high-quality components, which in turn helps avoid the costly pitfalls of defective products.
The system’s real-time inspection capabilities are crucial in a world where manufacturers must balance cost efficiency with the highest possible quality standards. By catching defective or counterfeit components before they are used, Cybord’s technology helps companies avoid the expensive process of rework, scrapping, and recalls that often follow when faulty products reach the market.
How Cybord’s AI Technology Works
Founded in 2018 by CTO Dr. Eyal Weiss, Cybord developed its visual AI solution to address the widespread issue of defective and counterfeit components in electronic manufacturing. The company’s platform is already integrated into over 60 production lines worldwide, inspecting millions of components each day. This rapid adoption speaks to the growing demand for reliable quality control in industries that rely heavily on electronic components, such as automotive, aerospace, healthcare, and data centers.
Cybord’s AI platform works by inspecting the top and bottom surfaces of each electronic component in real time during production. Using deep learning algorithms, the system can detect a range of issues, including body defects, corrosion, counterfeit parts, and components that do not meet specified standards. This ensures that only components of the highest quality make it onto the final products, significantly reducing the risk of defects and recalls.
The platform’s strength lies in its ability to learn and adapt over time. With a database of over four billion components and counting, Cybord’s machine learning model continually improves its accuracy and efficiency. This allows manufacturers to have nearly complete confidence in the quality and authenticity of the components they use, with Cybord achieving an impressive 99.9% accuracy rate in detecting potential issues.
A Game-Changer for Supply Chains
Before Cybord’s solution, the quality and authenticity of electronic components were often overlooked in global supply chains. With complex logistics and the risk of improper storage, defects, corrosion, and counterfeit parts have become more prevalent, creating significant problems for manufacturers. Cybord’s platform tackles these issues by providing real-time, end-to-end traceability, ensuring every component is thoroughly inspected and verified before assembly.
This traceability is particularly crucial for industries like automotive and aerospace, where a single faulty component can have catastrophic consequences. Cybord’s AI solution not only catches defective components but also verifies that the components match the manufacturer’s documentation and approved vendor lists. This level of transparency helps safeguard the integrity of supply chains, providing peace of mind for manufacturers and consumers alike.
By integrating Cybord’s platform, manufacturers can streamline their quality control processes, reduce production costs, and minimize the risk of recalls. This technological edge is becoming essential in a competitive market where the cost of product recalls can reach millions or even billions of dollars.
Industry Adoption and Expansion Plans
Cybord’s technology has already been embraced by leading manufacturers such as Flex and Siemens. The company’s solution is also now part of the IPC standard for component-level authentication, further validating its importance in the industry. As the platform continues to gain traction, Cybord is well-positioned to become a global leader in electronic component traceability and quality assurance.
Capri Ventures, the lead investor in this latest funding round, sees Cybord’s potential to transform the electronics manufacturing sector. Adalio Sanchez, Partner at Capri Ventures, commented, “Cybord is a revolutionary leader, providing the only solution that ensures electronic component quality. We are proud to partner with them as they continue to gain traction across industries, from automotive and aerospace to health and more.”
This investment will allow Cybord to accelerate its expansion, bringing its AI-powered solution to more manufacturers worldwide. As Cybord continues to scale, the company aims to enhance its platform, offering even more comprehensive insights into electronic component quality and helping manufacturers maintain their competitive edge.
Oshri Cohen, CEO of Cybord, expressed his enthusiasm for the company’s future, stating, “The Cybord solution has been validated time and time again by our leading global partners, and these funds will allow us to scale faster and bring our comprehensive AI-powered solution to more companies worldwide. We are dedicated to ensuring that only the best electronic products reach the market.”
Paving the Way for a New Standard in Electronics Manufacturing
As global supply chains become more complex and industries increasingly rely on electronic components, the demand for reliable quality control solutions is only growing. Cybord is meeting this need with a platform that not only improves quality but also increases efficiency, saving manufacturers time and money in the long run.
By providing real-time analytics, deep learning, and unparalleled traceability, Cybord is setting a new standard for electronic component manufacturing. As more industries adopt its technology, the company is well-positioned to continue its rapid growth and lead the charge in revolutionizing how electronic components are inspected, authenticated, and assembled.
Cybord‘s success in raising $8.7 million in Series A funding is a testament to the value of its AI-driven solution, and with plans for global expansion, the company is poised to have an even greater impact on the future of electronics manufacturing.
