News on Medial

Related News

GenAI startup Origamis AI raises $500K in seed round

EntrackrEntrackr · 5m ago
GenAI startup Origamis AI raises $500K in seed round
Medial

Snippets GenAI startup Origamis AI raises $500K in seed round GenAI startup Origamis AI has raised $500K in a seed funding round co-led by Vikas Gautam and Naveen Agarwal. The proceeds will be used to accelerate the development of the orchestration platform and take the platform and agents to the global market, Origamis said in a press release. Co-founded by Manas Agrawal, Ankit Agrawal, and Alexander George, Origamis AI offers a platform that orchestrates Generative AI (GenAI) components to build scalable enterprise applications. The startup aims to advance its mission of providing accessible, reliable, and transformative GenAI solutions. The Bengaluru-based company addresses the growing enterprise need for secure, compliant, and cost-effective AI. By combining robust data protection, risk mitigation, and fairness frameworks, it helps businesses confidently deploy AI while minimizing risks. Origamis AI offers pre-built agents that deliver immediate results across industries. Pic Agent streamlines visual search and automated meta-tagging in fashion, while Docu Agent simplifies document-based productivity for sectors like healthcare and finance. Data Agent enables natural language interactions with databases, opening opportunities for data-driven decision-making. The platform combines these specialized tools with its foundational platform, helping enterprises and SMEs boost operational efficiency, enhance workforce productivity, and unlock new sources of customer value. According to Origamis AI, its pre-built GenAI agents are designed to eliminate domain-specific challenges in industries such as fashion, BFSI, commerce, healthcare, and trading. These AI agents deliver immediate impact by automating tasks, optimizing workflows, and generating actionable insights.

Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round

EntrackrEntrackr · 15d ago
Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round
Medial

Snippets Astrophel Aerospace raises Rs 6.84 Cr in pre-seed round Deep-tech space startup Astrophel Aerospace has raised Rs 6.84 crore (around $800K) in a pre-seed funding round from a group of angel investors and venture firms. The Pune-based startup will use the funds to build a prototype of its reusable semi-cryogenic launch vehicle and to expand in-house R&D efforts focused on building advanced missile-grade guidance and propulsion systems. Founded in 2022 by Suyash Bafna, Astrophel Aerospace is building cost-effective, reusable launch vehicles specifically tailored for small satellites. It operates on a vertically integrated model designing, engineering, and testing propulsion systems in-house. The firm’s Astra C1 series rockets are powered by in-house developed semi-cryogenic engines and built using a combination of 3D printing and modular assembly. Astrophel claims to be among a limited number of Indian private companies to have successfully test-fired a semi-cryogenic engine, and achieved this with just Rs 6 lakh in internal resources and no external funding before this round. It is now aiming for a working, reusable prototype within the next 2–3 years. The startup is building its flagship Potentia C1U engine using modular design and manufacturing principles adapted from the automotive sector. Astrophel has also signed an MoU with ISRO to support co-development and testing. In India, its key competitors include Skyroot Aerospace, Agnikul Cosmos, Bellatrix Aerospace and Pixxel among others.

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