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ControlRooms.ai raises $10M for industrial manufacturing troubleshooting platform

TechCrunchTechCrunch ยท 2y ago
ControlRooms.ai raises $10M for industrial manufacturing troubleshooting platform
Medial

Austin-based startup ControlRooms.ai has secured $10 million in a Series A funding round led by Origin Ventures, along with Amity Ventures, Tokio Marine Future Fund, and others. The company's AI-powered analytics application automates troubleshooting in heavy industries, reducing downtime and improving productivity. Unlike generic AI platforms, ControlRooms.ai's solution is purpose-built for process and operations engineers, enabling users to predict and address potential issues in manufacturing plants. The funding will support product development and expansion in chemical, petrochemical, energy, and materials facilities globally. The startup also plans to incorporate generative AI capabilities for more advanced predictive applications.

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Quintrans raises $750K in pre-seed round led by Capital-A

EntrackrEntrackr ยท 5d ago
Quintrans raises $750K in pre-seed round led by Capital-A
Medial

Quintrans raises $750K in pre-seed round led by Capital-A Quintrans, a deep tech engineering startup developing India-built direct-drive linear motion systems for industrial automation, robotics, and equipment manufacturing, has raised $750K in a pre-seed funding round led by Capital-A along with participation from Sumeet Kabra of RR Global, SanchiConnect, AIC-Pinnacle, existing partner IIMA Ventures, and others. The proceeds will be used to establish an in-house manufacturing and advanced testing facility in Pune, accelerate R&D across electromagnetic actuation, and build the core engineering and operations team required for commercial rollout, Quintrans said in a press release. Co-founded in 2021 by Pranay Luniya, Kartik Kulkarni, Aniruddha Atigre, and Prasanna Kadambi, Quintrans is a deep tech engineering company developing direct-drive electromagnetic linear motion systems for industrial applications. Its technology enables frictionless, high-speed, and ultra-precise motion for robotics, warehouse automation, and manufacturing environments. As per market research, India manufactured and sold roughly 6.8 million actuators in FY 2022, a figure expected to cross 10โ€“11 million units by FY 2026, driven by automotive, industrial automation, HVAC, and marine applications. According to the Pune-based startup, its design and manufacturing model unlocks cost efficiency, tailored deployments, and assured service. They take an engineering-first approach, developing the hardware and control electronics in-house so customers get a complete, integrated solution. Quintrans is part of MaXcel, the hardware and industrial technology accelerator run by Capital-A and SanchiConnect, supporting startups building engineering-led manufacturing solutions.

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