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By: PR Newswire | February 10, 2021

AI TechPark: Adapdix announces SoftBank funding for AI platform

Adapdix Corporation, the digital transformation leader in Edge AI automation and intelligent control software, today announced that it has received funding from SoftBank’s Opportunity Fund, pushing the total investment amount secured by Adapdix up to $10 million. The new funds will be used to build the next generation Artificial Intelligence (AI) platform for the edge, enabling real-time predictive analytics and maintenance for enterprises.

Chad Harris, an investor from SoftBank’s Opportunity Fund, said, “We are excited to support Adapdix in its AI innovations and to participate in its development of new solutions for the edge – we believe the result will be a real game changer. The SB Opportunity Fund is investing at this early stage because we recognize the differentiation of Adapdix’ technologies and believe that it has the potential to become the leader in the fast-growing edge AI market.”

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