Bananaz - About the company
Bananaz is a seed company based in Tel Aviv (Israel), founded in 2023. It operates as a Developer of an AI copilot for mechanical engineering design tasks. Bananaz has raised $5.3M in funding from Cardumen Capital and 10D. The company has 1509 active competitors, including 147 funded and 87 that have exited. Its top competitors include companies like Cognichip, Flux AI and Cadence.
Company Details
Developer of an AI copilot for mechanical engineering design tasks. The copilot understands CAD data, company-specific design rules, and streamlines collaboration across teams. It detects geometric changes and automates design for manufacturing, geometric dimensioning and tolerancing, tolerance analysis, and design inspections. The AI agent checks drawings against rules or company standards automatically.
Key Metrics
Founded Year
2023
Location
Tel Aviv, Israel
Stage
Seed
Total Funding
$5.3M in 1 round
Latest Funding Round
Investors
Ranked
115th among 1509 active competitors
Employee Count
25 as on Sep 30, 2026
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Bananaz's funding and investors
Bananaz has raised a total funding of $5.3M over 1 round. Its latest funding round was a Seed round on Dec 03, 2024 for $*****. 2 investors participated in its latest round. Bananaz has 2 institutional investors.
Here is the list of recent funding rounds of Bananaz:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 03, 2024 | 5135357 | Seed | 5090249 | 3210922 | 2213368 | 6764981 |
View details of Bananaz's funding rounds and investors
Bananaz's founders and board of directors
Founder? Claim ProfileBananaz's employee count trend
Bananaz has 25 employees as of Sep 26. Here is Bananaz's employee count trend over the years:
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Bananaz's Competitors and alternates
Top competitors of Bananaz include Cognichip, Flux AI and Cadence. Here is the list of Top 10 competitors of Bananaz, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cognichip 2024, Redwood City (United States), Series A | Developer of physics informed artificial intelligence models for chip design | $93M | 68/100 | |
2nd | Flux AI 2019, San Francisco (United States), Series B | Developer of an AI-powered platform for PCB design and layout | $49M | 67/100 | |
3rd | Cadence 1988, San Jose (United States), Public | Provider of electronic design automation software for semiconductor industry | - | 67/100 | |
4th | Onshape 2012, Cambridge (United States), Acquired | Cloud-native CAD & PDM platform accelerating product development and team collaboration | $349M | 67/100 | |
5th | Deccan AI 2023, Mountain View (United States), Series A | Provider of training data and evaluation environments for artificial intelligence | $25.1M | 66/100 | |
6th | Synopsys 1986, Sunnyvale (United States), Public | Provider of engineering solutions from silicon to systems, including EDA tools, semiconductor IP, and systems verification | - | 66/100 | |
7th | Provider of autonomous drone inspection software | $34.5M | 64/100 | ||
8th | Mentor Graphics 1981, Wilsonville (United States), Acquired | Developer of software tools for electronic design automation | - | 64/100 | |
9th | Lattice Flow 2020, Switzerland, Series A | Provider of an AI-based platform for building and deploying machine learning models | $14.8M | 64/100 | |
10th | Normal Computing 2022, New York City (United States), Series A | Developer of AI software for hardware engineering and EDA solutions | $85M | 63/100 | |
115th | Developer of an AI copilot for mechanical engineering design tasks | $5.3M | 37/100 |
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Bananaz's Investments and acquisitions
Bananaz has made no investments or acquisitions yet.
Reports related to Bananaz
Here is the latest report on Bananaz's sector:
News related to Bananaz
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Bananaz Stealth Release with $5.3M Funding to Revolutionize Manufacturing Product DevelopmentStartupHub.ai•Dec 03, 2024•Bananaz, 10D, Cardumen Capital
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