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Docker Vision raises funding through the SanchiConnect Preseed Accelerator Program

IndianStartupNewsIndianStartupNews ยท 2y ago
Docker Vision raises funding through the SanchiConnect Preseed Accelerator Program
Medial

AI-based port automation startup Docker Vision has secured funding in a pre-seed round from Thinkuvate and SeaFund through SanchiConnect's PreSeed Accelerator program. The undisclosed amount will be used to expand the brand, conduct Proof of Concepts (POCs), and consolidate business operations. Docker Vision's flagship AI product, the Gate OCR (dOCR), uses AI technology to minimize waiting times and reduce carbon emissions in the cargo handling process. The funding will support the company's vision of revolutionizing the maritime industry with automation solutions. SanchiConnect has provided crucial support to Docker Vision through its Accelerator Program, offering mentorship and industry connections.

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SanchiConnect and YourNest invest in 8 startups under VAP

EntrackrEntrackr ยท 1y ago
SanchiConnect and YourNest invest in 8 startups under VAP
Medial

SanchiConnect, a deep-tech enablement network in partnership with YourNest Venture Capital, has invested Rs 48 crore (about $6 million) in eight transformative startups under its Velocity Accelerator Program. The program aims to nurture groundbreaking ideas and drive economic growth in the countryโ€™s startup ecosystem, SanchiConnect said in a press release. The seven-month-long program claims to have received 1,280 applications from 23 states and six union territories and eight startups were selected for their disruptive potential across various sectors such as manufacturing, logistics, agriculture, healthcare, enterprise solutions, and artificial intelligence. The eight selected startups such as Induz which leverages AI tools to automate and unify large-scale enterprise data, while LeanWorx offers cloud-based productivity monitoring systems for the manufacturing sector. Think Metal has developed a compact, cost-effective 3D metal printer that delivers 10x faster production at half the cost. Presage Insights uses advanced AI for predictive analytics to improve decision-making across industries. Superfone is an app-based business phone number platform for SMBs, integrating telephony with business software. CargoFL employs AI-powered logistics solutions to optimize supply chains and improve operational efficiency. Finally, a couple of other startups complete this exceptional cohort. The Velocity Accelerator Program offers startups a comprehensive growth platform. In addition to financial support, the program provides expert mentorship, go-to-market strategies, and access to industry leaders. The program equips startups with the necessary tools and insights to overcome challenges, scale effectively, and seize global opportunities. Founded in 2022, SanchiConnect aims to empower startups by focusing on key areas such as investor outreach, mentorship, and corporate networking. Its deep-tech community platform now features over 3,000 startups, investors, mentors, and corporates, all engaging in networking and learning through an interface. Launched in 2011, YourNest Venture Capital is an early-stage venture capital firm, specializing in deep-tech and enterprise-oriented startups. The firm focuses on identifying and nurturing disruptive technologies in domains such as Artificial Intelligence (AI), Internet of Things (IoT), Robotics, Augmented Reality/Virtual Reality, and cloud-based digital solutions.

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