Tech firm DataProphet raises US$6m in new funding round for international expansion

SOUTH AFRICA – DataProphet, a tech firm that specializes in artificial intelligence in the manufacturing sector, has raised a further US$6 million in a new funding round to fund its international expansion. With a strong mining industry in the South African economy that has been built on mining, DataProphet has focussed on this sector, especially the foundry industry. A partnership with Norican announced earlier this year hopes to accelerate the adoption of AI in the foundry industry. Norican is a leading foundry engineering and equipment company. “Applying AI to the…

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