Augury secures $75 million in Series F funding, retains billion-dollar valuation

EditorSenad Karaahmetovic
Published 02/19/2025, 09:08 AM
Augury secures $75 million in Series F funding, retains billion-dollar valuation

Investing.com -- Augury, a firm specializing in artificial intelligence for manufacturing and industrial applications, has successfully raised $75 million in a Series F funding round. This latest round of funding allows the company to retain its valuation, which exceeds $1 billion.

The funding round was spearheaded by Lightrock, with participation from existing investors including Insight Partners, Eclipse, Qumra Capital, Schneider Electric (EPA:SCHN) Ventures, and Qualcomm (NASDAQ:QCOM) Ventures.

In addition to the funding news, Augury announced a change in its executive team. Elan Greenberg, who has previously contributed to the growth of companies such as DoorDash (NASDAQ:DASH) and Flock Safety, has been appointed as the new Chief Operating Officer.

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