🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Deeptech robotics startup Perceptyne raises $3 Mn in seed round

EntrackrEntrackr · 9m ago
Deeptech robotics startup Perceptyne raises $3 Mn in seed round
Medial

Perceptyne, a deep tech AI-first robotics startup, has raised $3 million in its seed round co-led by Endiya Partners and Yali Capital with participation from Whiteboard Capital and notable angels. The proceeds will be used to ramp up product development, customer acquisition, and growth. The firm is working closely with manufacturing giants in automotive and electronics. Founded by Raviteja Chivukula, Jagga Raju Nadimpalli, and Mrutyunjaya Nadiminti, Perceptyne’s products are designed to perform tasks demanding human-like dexterity, such as product assembly & packaging. To accomplish this, the startup is building a vertically integrated full-stack robotics platform centered around AI. Its flagship products, PR-34D and PR-9D, are dual-arm and single-arm robots with integrated computer vision & AI, multi-modal sensing, and highly articulate end-effectors suited for manufacturing/assembly line applications. According to the startup, its integrated approach will help manufacturing companies accelerate robotic automation efforts by dramatically reducing integration time (quarters to weeks) and implementing automation without changes to their assembly lines.

Related News

AuraML raises $1 Mn in pre-seed round led by Turbostart

EntrackrEntrackr · 21d ago
AuraML raises $1 Mn in pre-seed round led by Turbostart
Medial

Snippets AuraML raises $1 Mn in pre-seed round led by Turbostart Deeptech startup AuraML has raised $1 million in a pre-seed funding round led by Turbostart, with participation from DeVC, GSF Accelerator, Indian Angel Network (IAN), and other investors. The funds will be used to accelerate product development, expand its presence in the US, and scale enterprise pilots across warehouse automation, industrial robotics, and next-generation autonomous systems. Founded by Ayush Sharma, AuraML is building a generative simulation platform that allows robotics companies to model, test, and deploy systems faster, more safely, and at lower cost. Its technology helps bridge the “sim-to-real” gap faced by traditional simulation tools, offering realistic testing environments for autonomous mobile robots (AMRs) and forklifts. AuraML’s simulation capabilities include text-to-world generation, advanced sensor noise modeling for LiDAR and camera data, and scalable cloud-based multi-robot deployment testing. By shifting from physical to virtual testing, AuraML claims to cut timelines from six months and $500,000 to just one week at a fraction of the cost. Its platform, AuraSIM, combines physically accurate 3D environments and synthetic data engines to support scalable, real-world-ready robotics development.

Startup news and updates: Daily roundup (October 14, 2024)

YourStoryYourStory · 9m ago
Startup news and updates: Daily roundup (October 14, 2024)
Medial

Perceptyne, a robotics startup, has raised $3 million in a seed funding round led by Endiya Partners and Yali Capital. The funds will be used for product development and customer acquisition in the automotive and electronics sectors. Elixia, an Indian subsidiary of Elixia Inc, has secured $1 million in pre-Series A funding led by JITO Incubation and Innovation Foundation. The funding will be used to expand operations in the Middle East and enhance product capabilities. Sustainable marketplace Brown Living has raised pre-seed funding to support its growth and provide market access to more artisans and suppliers. Actor and entrepreneur Rana Daggubati has joined lifestyle brand Kingdom of White as an investor to aid the company's expansion plans.

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