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AI startup Control One raises $350K in pre seed round

Entrackr

Entrackr · 1y ago

AI startup Control One raises $350K in pre seed round

Control One AI, an AI-first robotics startup, has raised $350K from a group of investors in the United States and India such as Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder,Wakefit) & Amit Singh (Ex-MD, Avendus Capital) and Silicon Valley based top supply chain executives from Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and General Electric. The proceeds will be used for creating a fully functional prototype and conducting successful pilot validations, the company said in a press release. In the near future, it will also unveil the first fully functional prototype to demonstrate the AI in action. Control One AI is building an AI specially tailored for slow moving equipments utilised throughout the supply chain. “Our mission is to transform slow-moving equipments worldwide using our advanced AI, enhancing vehicles to reach—or even surpass—human levels of intelligence. This technology will empower blue-collar workers worldwide to achieve greater productivity, safety, and satisfaction in their roles,” said Pranav S, founder and CEO of Control One. According to a report by the Bureau of Labour Statistics (BLS), supply chain labour market in the US alone is currently at $531 Billion. Given the developing infrastructure for AI in this decade, Control One AI aims to address the global challenge.

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PlanckDOT raises $350K in bridge round

Entrackr

Entrackr · 1y ago

PlanckDOT raises $350K in bridge round

PlanckDOT, a technology startup specializing in edge data centers, has raised $350,000 in its bridge round at a valuation of $30 million. Earlier this year, the startup had raised $1.6 million in its seed round from HNI Angel Investors. The fresh proceeds will be used to ramp up the ongoing development of PlanckDOT’s Quanta AI that caters to the rising demand of data centres for generative AI applications. Founded by Shishir Miglani and Ali Ahmed Saleem, PlankDot’s Quanta offers a range of fully-loaded, self-sufficient edge data centres tailored to corporate, enterprise, and SPC requirements empowering businesses to scale their operations seamlessly. The firm specialises in setting up Edge and Hyperscaler data centers that are carbon-neutral and reliable. PlanckDOT’s initiatives focus on improving the Power Usage Effectiveness (PUE) ratio in data centres, aiming to achieve a PUE ratio of 1.0.

Vodex, three others secure early-stage funding

VCCircle

VCCircle · 1y ago

Vodex, three others secure early-stage funding

Vodex, Ono, Arch0, and Mave Health have all secured early-stage funding. Vodex, a generative AI-based SaaS startup, raised $2 million in a seed funding round. Ono, an agritech startup, raised $1.3 million in a seed funding round. Arch0, a cloud security startup, raised $1.25 million in a pre-seed funding round. Mave Health, a healthtech startup, raised $719,202 in a pre-seed funding round, co-led by All-In Capital and Utsav Somani's iSeed Fund. These companies plan to use the funding to expand their operations, hire talent, and further develop their products.

Illumine-I, two others raise early-stage funding

VCCircle

VCCircle · 1y ago

Illumine-I, two others raise early-stage funding

Design and engineering firm Illumine-i, AI startup Segwise, and sweets maker Scandalous Foods have secured early-stage funding. Illumine-i raised $2 million in a Series A funding round from Anicut Capital to expand into new markets and focus on automation and digitization. AI startup Segwise raised $1.6 million in a pre-seed funding round led by Powerhouse Ventures to build AI agents for product growth. Scandalous Foods closed its pre-seed funding round at $361,209 and plans to expand in various food service segments.

Fresh Bus, Fashor, Kazam, MiClient, others raise early-stage funding

VCCircle

VCCircle · 11m ago

Fresh Bus, Fashor, Kazam, MiClient, others raise early-stage funding

Fresh Bus, Fashor, Kazam, MiClient, EyeROV, and Ziptrrip have all recently raised early-stage funding. Fresh Bus, an electric intercity bus startup, secured Rs 87.5 crore in its series A funding round. Kazam, an e-mobility enabler, raised $8 million in its series A3 funding round. Fashor, a contemporary ethnic wear brand, received $5 million in funding. EyeROV, a marine robotics deeptech startup, raised Rs 10 crore in a pre-series A round. MiClient, an AI-driven B2B sales enablement platform, secured Rs 3.9 crore in seed funding. Finally, Ziptrrip, an AI-powered corporate travel and expense management platform, closed its pre-seed funding round with Rs 2 crore.

Sustainability assessment startup EcoRatings raises funding from EvolveX

IndianStartupNews

IndianStartupNews · 1y ago

Sustainability assessment startup EcoRatings raises funding from EvolveX

New York-based sustainability assessment startup, EcoRatings, has raised an undisclosed amount in a pre-seed funding round from EvolveX, a startup accelerator program by We Founder Circle. EcoRatings provides numeric sustainability ratings based on the United Nations' Sustainable Goals Framework to help consumers make eco-friendly choices. The startup leverages AI/ML and Big Data to offer a data-driven approach to sustainability. The funding will be used to advance its technological development and enhance sustainability assessment frameworks.

Minifeel raises INR 3 crore in pre-seed round led by 100X.VC

Startup News FYI

Startup News FYI · 2y ago

Minifeel raises INR 3 crore in pre-seed round led by 100X.VC

MiniFeel, a startup, secures INR 3 crore in a pre-seed funding round led by 100X VC, as reported on July 25, 2023. The investment will support the company's early-stage development and growth.

Breathe ESG raises Rs 2.6 core in funding led by 100X.VC

Economic Times

Economic Times · 1y ago

Breathe ESG raises Rs 2.6 core in funding led by 100X.VC

Breathe ESG, a sustainability management SaaS startup, secured $315,000 in pre-seed funding led by 100X.VC. The investment, part of a pre-seed round, will be used to enhance product capabilities, expand offerings, and enter global markets. Breathe ESG, founded in July 2022, helps enterprises streamline sustainability efforts, making the transition to sustainable practices more accessible. The funding included participation from angel investors like Vipul Jain, Pradeep Lala, and Prashant Naik.

Ambitio building AI admissions platform raises Rs 1.55Cr in a pre-Seed round

IndianStartupNews

IndianStartupNews · 1y ago

Ambitio building AI admissions platform raises Rs 1.55Cr in a pre-Seed round

Indian startup Ambitio, which focuses on assisting students in pursuing higher education abroad, has announced a pre-seed funding round of INR 1.55 crore. Led by investors such as First Cheque, the funding will support the development of India's first AI admissions platform. Ambitio's AI Copilot helps applicants identify suitable courses and create strong essays and statements of purpose. The startup aims to provide personalized admission advice by leveraging access to a database of over 2 million admits.

Pi Ventures bets on Quanfluence; Kirana Pro raises early-stage funding

VCCircle

VCCircle · 7m ago

Pi Ventures bets on Quanfluence; Kirana Pro raises early-stage funding

Photonic quantum technology startup Quanfluence has raised $2 million in seed funding led by pi Ventures, while quick commerce startup KiranaPro has raised an undisclosed amount in a pre-seed funding round. Quanfluence plans to scale its upcoming products and support research for its flagship quantum computer. KiranaPro will use the funds to expand its teams, enhance its technology infrastructure, and drive geographical expansion.

Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round

Entrackr

Entrackr · 1y ago

Stupa Sports Analytics raises Rs 28 Cr in pre-Series A round

Sportstech startup Stupa Sports Analytics has raised Rs 28 crore in its pre-Series A round led by Centre Court Capital and PeerCapital. Earlier to this pre-Series A round, Stupa had raised Rs 7.5 crore in seed and pre-seed funding. The proceeds will be used to fuel its talent acquisition, global expansion, and product enhancement initiatives. The latest fund pool will also be deployed to attract top AI/ML and engineering talent to build advanced solutions. The fund will also power Stupa’s ambitions to expand globally into markets like the US, UK, Australia, and the Middle East while expanding its existing presence in regions like Europe and Asia. Founded by Megha Gambhir, Stupa Sports Analytics offers a comprehensive suite of AI-driven solutions for advanced analytics of player performance data, broadcasting capabilities and sports digitization tools for athletes, sports federations, broadcasters and fan communities worldwide. Stupa claims to have established over 15 strategic partnerships with key governing bodies and sports federations, primarily in Europe.

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