University of Illinois Urbana-Champaign’s cost management platform developer has increased its valuation to $280m in its most recent round.

APriori Technologies, a US-based digital manufacturing software spinout of University of Illinois Urbana-Champaign, raised $30m in a series D round co-led by PBJ Capital and Omega Venture Partners on Tuesday. The round boosted the company’s valuation to $280m. Founded in 2004, aPriori has created a software platform which lets industrial clients such as automotive manufacturers…

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