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LambdaTest raises $38 Mn to scale QA platform KaneAI

EntrackrEntrackr · 12m 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 · 11m ago
Agentic AI startup Quash raises pre-seed round led by Arali Ventures
Medial

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 · 6m 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.

CrisprBits raises $3 Mn led by Spectrum Impact

EntrackrEntrackr · 13d ago
CrisprBits raises $3 Mn led by Spectrum Impact
Medial

CrisprBits raises $3 Mn led by Spectrum Impact CrisprBits will deploy the new funds to scale commercialisation of its PathCrisp molecular diagnostics platform and expand manufacturing for tests in human health, food safety and animal health. Bengaluru-based biotechnology startup CrisprBits has raised $3 million from founders, angels and family offices, taking its valuation to $12 million. The Pre-Series A round was led by Spectrum Impact, the family office of Rajendra Gogri, Chairman and Managing Director of Aarti Industries. Existing backers including Vijay Alreja Family Office (VJ Technologies Group) also participated, along with new investors from the promoter family of HBL Engineering. The company had earlier raised capital from founders, VJ Technologies Group and C-CAMP. CrisprBits will deploy the new funds to scale commercialisation of its PathCrisp molecular diagnostics platform and expand manufacturing for tests in human health, food safety and animal health. The company is also developing a CRISPR-driven strain engineering platform, starting with biofuel production processes. Founded by Vijay Chandru, Sunil Arora, Rajeev Kohli, Bharat Jobanputra and Aditya Sarda, CrisprBits operates a 7300 sq ft CRISPR R&D and prototype development facility in Bengaluru. The company runs three platforms: PathCrisp for molecular diagnostics, EdiCrisp for gene editing and strain engineering, and CurieCrisp for preclinical and rare disease-focused therapeutics. Over the next six months, CrisprBits plans to expand its CRISPR diagnostic products to global markets including Africa and Latin America. It will further strengthen operations by scaling infrastructure and production capabilities at its diagnostics manufacturing facility. The firm also aims to build an AI-augmented strain engineering platform for sustainability applications.

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