FLORENCE, AL — March 10, 2023 — Shoals Manufacturing AI, a leading innovator in manufacturing technology, announced today that it has raised $9 million in new funding. This investment will enable the company to further develop its artificial intelligence-powered manufacturing solutions. The funding round was led by prominent venture capital firms and individual investors. Shoals Manufacturing AI will utilize the funds to expand its product offerings and enhance its research and development capabilities. The company's AI-driven approach has already shown significant promise in improving manufacturing efficiency and reducing costs. With this new investment, Shoals Manufacturing AI is poised to revolutionize the industry. Shoals Manufacturing AI's innovative solutions have garnered attention from major manufacturers, and the company expects to see significant growth in the coming year. The funding is a testament to the company's potential and the confidence investors have in its technology. About Shoals Manufacturing AI: Shoals Manufacturing AI is a Florence, AL-based company that develops AI-powered manufacturing solutions to improve efficiency and reduce costs.