News on Medial

Related News

CraftifAI secures $3 Mn in seed round led by Ankur Capital

EntrackrEntrackr · 10d ago
CraftifAI secures $3 Mn in seed round led by Ankur Capital
Medial

Snippets CraftifAI secures $3 Mn in seed round led by Ankur Capital Multi-agent GenAI-powered platform CraftifAI has raised $3 million (approximately Rs 27.2 crore) in a seed funding round led by Ankur Capital, along with participation from IvyCap Ventures, Capital-A, Antler, and others. The fresh funds will be utilised to scale hiring across engineering and go-to-market teams and expand its footprint across global markets, CraftifAI said in a press release. Co-founded in 2025 by Pratik Sharda and Yashwant Dagar, CraftifAI is an innovative R&D company focused on Generative AI-powered, silicon-agnostic platforms for embedded systems, IoT, and Edge AI. It enables faster and more cost-effective development for robotics, drones, and automation. The Bengaluru-based startup aims to empower embedded product development by accelerating the creation of software and AI models for edge devices. The startup’s core technology is a Generative AI (GenAI) and Agentic AI workflow that supports model optimisation, quantisation, and deployment for Edge AI systems. CraftifAI targets industries such as IoT, robotics, surveillance, industrial automation, and autonomous systems. It provides tools for rapid development, reducing time to market for hardware manufacturers. The platform supports a wide range of frameworks, including GStreamer, ROS2, Android, and Agentic AI. The platform consolidates fragmented toolchains into a single AI-driven workflow, automating the embedded software lifecycle. It supports end-to-end product design, development, and manufacturing, enabling clients to transform their ideas into market-ready hardware with greater speed and accuracy. CraftifAI said it has secured pilots with several Indian original equipment manufacturers (OEMs) across robotics, drones, IoT, and AI camera domains, as well as a semiconductor company listed in the US.

Atomicwork closes Seed round at $14 Mn

EntrackrEntrackr · 1y ago
Atomicwork closes Seed round at $14 Mn
Medial

B2B SaaS startup Atomicwork has raised an additional $3 million in its seed round from Abhinav Dhar, ex-CIO of TransUnion, Prasad Ramakrishnan, CIO and technology leader, Avanish Sahai, former ecosystem leader at Salesforce, ServiceNow, and Google Cloud and Rich Waldron, CEO of Tray. The firm’s existing investors like Storm Ventures, Z47 (formerly Matrix Partners), Blume Ventures, and Neon Fund also participated in the round. This is the second tranche of its seed round. In September last year, Atomicwork had raised $11 million led by Blume Ventures and Matrix Partners India. With this, the total funding for the startup stands at $14 million. The proceeds will be used for enterprise AI agent technology, fuel the firm’s GTM team expansion in the United States over the next three years, the company said in a press release. Founded in September 2022 by Vijay Rayapati, Kiran Darisi, and Parsuram Vijayasankar, Atomicwork provides software that automates workflows under the information and technology (IT), human resources (HR), finance, and other business functions. It helps companies instantly help their employees by collecting tribal knowledge from across the organization – stored in docs, wikis, information systems, email threads, and chat conversations. Previously, Rayapati had founded Minjar which raised $2 million before getting acquired by US-based publicly-listed cloud infrastructure company Nutanix for about $50 million. Blume also invested in Minjar’s initial funding round. Darisi and Vijayasankar were part of the founding team of SaaS unicorn Freshworks.

Download the medial app to read full posts, comements and news.