Cognyx Software SAS

Founded in 2023 and based in Neuilly-sur-Seine, France, Cognyx Software SAS operates as an information technology company that offers artificial intelligence-based software-as-a-service where users can collaborate and automate their design processes. Matthias Berahya-Lazarus (CEO) and Deon van der Vyver (CTO) are the co-founders of the company. In July 2024, Cognyx Software SAS raised EUR 1. 7 million in pre-seed funding from Bpifrance Investissement.

The company provides its core product, Cognyx's platform, which integrates disparate data sources from product lifecycle management (PLM) systems to enterprise resource planning (ERP) databases and Excel spreadsheets into a synchronized BOM. This integration eliminates manual reconciliation efforts, ensuring data accuracy and digital continuity across all stages of product development. The firm facilitates collaboration among project managers, designers, engineers, and procurement teams. Cognyx’s real-time tracking and version control features provide visibility into cost, lead time, supplier details, and other critical metrics, empowering teams to make informed decisions.

The company’s platforms’ advanced analytics capabilities leverage algorithms to analyze BOMs, including identifying opportunities for cost reduction, streamlining supplier selection, and optimizing product lines. The organization plans to use the July 2024 funding to accelerate the development of its technology, advance its commercialization, and hire top talents.