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Docker Vision Secures Pre-Seed Funding Through SanchiConnect Pre-Seed Accelerator Program
OutlookIndia
ยท
1y ago
Medial
Docker Vision, an AI-based port automation pioneer, has raised pre-seed funding through venture capital firms Thinkuvate and SeaFund. The funding, secured through SanchiConnect's PreSeed Accelerator program, will enable Docker Vision to expand its brand, conduct additional proof of concepts (POCs), and strengthen its operations. The company's AI-powered Gate OCR (dOCR) technology aims to reduce waiting times, lower carbon emissions, and improve cargo damage detection using panoramic imaging. Docker Vision's co-founder expressed gratitude for the investment, highlighting their vision of revolutionizing the maritime industry with automation solutions.
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Docker Vision raises funding through the SanchiConnect Preseed Accelerator Program
IndianStartupNews
ยท
1y ago
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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Capital-A, SanchiConnect launch accelerator for manufacturing startups
YourStory
ยท
3m ago
Medial
Capital-A, an early-stage venture capital firm, has partnered with SanchiConnect to launch MaXcel, an accelerator program for manufacturing startups and MSMEs in India. The 24-week program includes a 12-week go-to-market module for ventures with a minimum viable product. It targets sectors like industrial IoT, robotics, and smart factory technologies. Selected startups will receive mentorship, partnerships, and funding opportunities, with applications open until May 10, 2025. Capital-A manages a second fund with a Rs 400 crore target.
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All In Capital Leads $600K Pre-seed Funding For PierSight
OutlookIndia
ยท
1y ago
Medial
PierSight, a start-up focused on maritime surveillance, has raised $600K in a pre-seed funding round led by All In Capital. The round also saw participation from angel investors and Techstars. PierSight aims to provide continuous monitoring of maritime operations through a constellation of SAR Imaging and AIS satellites. The funding will be used to strengthen satellite subsystems, expand the team, and collaborate with social and environmental agencies. The start-up has also been selected for the Techstars Space Accelerator program in partnership with NASA and the US Space Force.
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SanchiConnect announces preseed accelerator program โEcosphereโ for Startups Working in ClimateTech Domain
Startup News FYI
ยท
1y ago
Medial
SanchiConnect has announced the launch of its second PreSeed Accelerator program called "Ecosphere" for startups focused on Climate Tech and Sustainability. The program will provide funding ranging from INR 80 lakhs to INR 1.2 crore for selected startups. The application process is open until October 8, 2023. Ecosphere aims to support startups working on various sectors within Climate Tech, such as energy, water conservation, waste management, and more. The initiative also offers mentorship, market access, and visibility opportunities. Notable institutional investors associated with Ecosphere include Thinkuvate, Transition Venture Fund, Indian Angels Network, and Climate9ers.
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Ocean surveillance startup PierSight raises $600,000 in funding led by All In Capital
Economic Times
ยท
1y ago
Medial
Ocean surveillance startup PierSight has raised $600,000 in a pre-seed funding round led by All In Capital. Techstars and angel investors also participated in the funding. Founded by former ISRO employee Gaurav Seth and former National Instruments employee Vinit Bansal, PierSight aims to provide ocean surveillance using SAR Imaging and AIS satellites. The startup is currently part of the Techstars Space Accelerator program and plans to use the funding to advance its satellite subsystems and strengthen its talent pool.
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Sustainability assessment startup EcoRatings raises funding from EvolveX
IndianStartupNews
ยท
1y ago
Medial
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.
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Startup news and updates: Daily roundup (October 1, 2024)
YourStory
ยท
9m ago
Medial
- Deeptech accelerator SanchiConnect raises undisclosed amount of funding from Baring Private Equity Partners-India, Seafund, and 8X Ventures. - IG Drones secures $1M funding led by India Accelerator and Angel Investors for research and development of drone solutions tailored for defence applications. - FNP (Ferns N Petals) appoints Gaurav Sharma as its new Chief Technology Officer (CTO) to drive innovation and improve digital experiences. - SanchiConnect expands its software offerings to Indian startups with the recently raised capital. - IG Drones plans to raise an additional $3M over the next six months to expand its operations in India and globally. - Gaurav Sharma, the newly appointed CTO of FNP, has over two decades of distinguished experience in the technology sector.
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Accel earnestly rethinks early-stage startup investing in India
TechCrunch
ยท
1y ago
Medial
Venture firm Accel is focusing on making early-stage investments in India through its accelerator program called Atoms. The program supports eight startups in the AI and Industry 5.0 sectors. Accel invests up to $500,000 in the startups' pre-seed round and provides strategic guidance as well as access to potential partners and customers. The selected startups include Spintly, which simplifies access control using IoT; Asets, a cloud-based engineering design platform; Tune AI, offering a GenAI stack for enterprises; and Skoob, an AI platform improving knowledge consumption.
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VC firm Accel nurtures 8 early stage Indian startups
Livemint
ยท
1y ago
Medial
Leading venture capital firm Accel has selected eight early-stage Indian startups for the third cohort of its accelerator program, Atoms. The program focuses on backing pre-seed ventures in the Artificial Intelligence (AI) and Industry 5.0 domains. The cohort will receive up to $500,000 in funding, along with benefits worth over $5 million from Accel's network partners. The startups will also gain access to mentorship and collaboration opportunities within a strong peer community. The selected cohort includes four AI startups, two Industry 5.0 startups, and two stealth mode startups.
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Home decor startup Vaaree raises $4 million in round led by Peak XVโs accelerator programme Surge
Economic Times
ยท
1y ago
Medial
Indian home furnishings and decor marketplace, Vaaree, has raised $4 million in a seed round led by Surge from Peak XV's accelerator program. The funding will be used to enhance the user experience, support curation and merchandising, and create omnichannel experiences. Vaaree follows a factory-to-home model to drive logistics and affordability. The company plans to expand its product range and aims for significant growth by next September. Vaaree previously raised funds in a pre-seed round from investors including Kunal Shah of Cred and Arjun Vaidya of Dr Vaidya's.
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