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LambdaTest raises $38 Mn to scale QA platform KaneAI

EntrackrEntrackr · 1y ago
LambdaTest raises $38 Mn to scale QA platform KaneAI
Medial

Cloud-based testing platform LambdaTest has secured $38 million in a funding round led by Avataar Ventures, with Qualcomm Ventures also participating. The fresh funding comes after a gap of more than 30 months for the Noida and San Francisco-based startup. This latest round brings the company’s total funding to $108 million, including a $45 million round in March 2022. Its early backers include Premji Invest, Peak XV, Telstra Ventures, Blume Ventures, and Leo Capital. LambdaTest was part of the fourth cohort of Peak XV’s accelerator program, Surge. LambdaTest plans to use the latest funds to enhance its AI-driven QA solutions, including its newly launched “AI Native QA Agent-as-a-Service” platform, KaneAI. Founded in 2017 by Asad Khan, the startup aims to revolutionize quality assurance (QA) through automation and AI. LambdaTest boasts a customer base of over 15,000 and claims to have executed more than 1.2 billion tests to date. KaneAI is designed to reduce manual testing efforts by up to 70% by automating test script generation and providing actionable insights. According to the company, its HyperExecute platform accelerates test resolution by 2.5x and detects errors 60% faster than traditional cloud grids. With 105% year-over-year growth, LambdaTest serves over 2.3 million developers and testers globally. In India, the firm’s operating revenue surged 53.6% to Rs 175.44 crore in FY24 from Rs 114.22 crore in the previous fiscal year. Its profit stood at around Rs 18 crore. However, the company did not disclose its global financial numbers. BrowserStack, Perfecto, and Testsigma are some of LambdaTest’s direct or indirect competitors.

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Agentic AI startup Quash raises pre-seed round led by Arali Ventures

EntrackrEntrackr · 1y ago
Agentic AI startup Quash raises pre-seed round led by Arali Ventures
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Bengaluru-based AI startup Quash has secured $635,000 in pre-seed funding led by Arali Ventures, with contributions from Java Capital, PeerCheque, DeVC by Matrix Partners, and Abhishek Goyal, co-founder of Tracxn. Quash is revolutionizing mobile app testing through autonomous QA agents that automate the entire testing lifecycle, from bug detection to resolution, eliminating the need for manual testers. This investment will accelerate Quash's development and deployment of AI-driven QA solutions, enhancing their AI QA platform, scaling the engineering team, and expanding community initiatives. Quash has launched Quash Report, an open-source bug reporting tool, and Appstronauts, a community for mobile developers, already in use by over 11 companies and hundreds of developers. Led by Ayush Shrivastava, Quash aims to modernize QA processes, allowing engineering teams to focus on innovation. By leveraging AI, Quash enhances the speed and accuracy of software releases, addressing inefficiencies in traditional QA workflows.

Deep-tech startup Contineu raises $1.2 Mn led by SenseAI Ventures

EntrackrEntrackr · 7m ago
Deep-tech startup Contineu raises $1.2 Mn led by SenseAI Ventures
Medial

Deep-tech startup Contineu has raised $1.2 million in a seed funding round led by SenseAI Ventures along with participation from Piper Serica Angel Fund. The proceeds will be used to build the AI-powered vertical data infrastructure stack for the construction industry, automating quality monitoring, compliance checks, and site-level visibility at scale, Contineu said in a press release. Co-founded in 2023 by Harshil Naik and Kanao Ramesh, Contineu eliminates the need for manual data entry on job sites through a proprietary platform that combines helmet-mounted 360° cameras with 3D computer vision models. The system automatically captures on-site visuals and converts them into structured insights, beginning with QA/QC detection and documentation. According to Contineu, its AI pipeline consistently exceeds state-of-the-art (SOTA) benchmarks on construction datasets, enabling high-accuracy defect and non-compliance detection, automated documentation, and execution insights—without human input. The platform claims that it is already seeing early enterprise adoption in India and abroad, with a growing sales pipeline and product-market fit signals emerging. Contineu aims to build the vertical AI data stack for construction, and it is enabling global infrastructure players to make smarter, faster decisions on-site.

Testsigma raises $8.2 Mn led by MassMutual Ventures

EntrackrEntrackr · 1y ago
Testsigma raises $8.2 Mn led by MassMutual Ventures
Medial

AI-based low-code test automation platform Testsigma has raised $8.2 million in funding led by MassMutual Ventures, along with existing investors Accel, STRIVE, and BoldCap. Earlier, in 2022, Testsigma raised $4.6 million led by Accel, with participation from STRIVE and BoldCap. Founded in 2019 by Rukmangada Kandyala, Pratheep Velicherla, Vikram Chaitanya, and Rajesh Reddy, Testsigma is a Gen AI-powered, low-code test automation platform that helps quality engineering teams to automate tests at speed and scale without coding expertise. The platform helps users to rapidly create, organise, and run automated tests for web and mobile applications, as well as APIs, using plain English through to its NLP (Natural Language Programming) engine. Its clientele includes Sage, HPE, Netgear, HDFC Life, IEEE, SignEasy, American Psychological Association, and Mehiläinen.

Liquidnitro Games raises $19.1 Mn Series A led by Northpoint Capital

EntrackrEntrackr · 4d ago
Liquidnitro Games raises $19.1 Mn Series A led by Northpoint Capital
Medial

Liquidnitro Games raises $19.1 Mn Series A led by Northpoint Capital Game production and live services startup Liquidnitro Games has raised $19.1 million in a Series A funding round led by Northpoint Capital, with participation from existing investor Nexus Venture Partners. Earlier in March 2024, Liquidnitro had raised $5.25 million in its seed round led by Nexus Venture Partners, with participation from angel investors from the US, Canada, EU, and India. The Hyderabad-based brand plans to use the fresh capital to scale its AI-enabled game production and live services platform, expand partnerships through co-investment models, and deepen its presence across global markets. Founded in December 2023 by ex-EA veterans Sandeep Kowdley, Krishna Dhanekula, Arun Kunchala, and Suresh Manthena, Liquidnitro combines three elements: an AI-driven production and live services platform, end-to-end operating teams with experience across large global franchises, and aligned capital where the company co-invests alongside publishing partners. This structure allows Liquidnitro to take long-term ownership of game performance rather than operating purely as a service provider. Liquidnitro works with game publishers to build, operate, and scale titles across platforms and geographies, with a focus on ongoing live operations and market adaptation. Over the past two years, the company has partnered with multiple global publishers, supporting live operations, content updates, and geographic expansion for large-scale games. Its platform is designed to help publishers adapt gameplay systems, progression mechanics, and content based on player behaviour across different markets.

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