Mode Inc. Revolutionizes Industry with $8.75M in Funding

Mode Inc., a San Mateo-based company, secures $8.75M in Series B funding to advance digital transformation in factories and construction sites through IoT and generative AI. Backed by SBI Investment Co., Ltd., True Ventures, JR East Startup Co., Ltd., and Daiichi Jitsugyo Co., Ltd., Mode aims to expand in the North American market and forge global partnerships. Led by CEO Gaku Ueda, Mode empowers businesses to optimize operations by leveraging data and insights, enhancing efficiency and productivity. The development of the "BizStack AI Assistant" signifies Mode's evolution towards more efficient data utilization, envisioning a future where AI collaborates with humans in industrial settings. Ueda emphasizes the company's commitment to providing on-site solutions that enhance daily operations, expressing gratitude for investor support. With a focus on real-time analysis and accessibility, Mode's AI assistant streamlines tasks for site managers, offering instant insights via smartphones and real-time chat systems. By addressing pain points in the field, Mode's innovative approach enhances safety and efficiency in construction projects. The funding will not only accelerate AI assistant development but also drive expansion in the North American market, fostering new customer relationships and global partnerships.