Bengaluru-based Bodily AI startup SwitchOn has raised $8 million (round Rs 78 crore) in a pre-Collection B funding spherical led by IvyCap Ventures. The spherical additionally noticed participation from SIG Tattva and Trifecta Capital.
This marks SwitchOn’s third main funding spherical after elevating $1.1 million in seed funding and $4.2 million in its Collection A spherical.
The recent capital will probably be used to broaden internationally, strengthen analysis and growth, and scale its go-to-market operations throughout manufacturing sectors.
Based by Aniruddha Banerjee and Avra Banerjee, SwitchOn develops AI-powered high quality inspection methods for producers. Its platform integrates laptop imaginative and prescient and AI instantly into manufacturing facility gear to automate defect detection and high quality checks.
The startup’s flagship product, DeepInspect, helps producers establish defects in merchandise throughout manufacturing utilizing edge-based laptop imaginative and prescient expertise. Based on the corporate, the platform can examine merchandise at excessive speeds whereas decreasing quality-related prices.
SwitchOn serves producers throughout sectors together with client items, electronics, automotive and prescription drugs. Its clients embody Unilever, Bosch, Maruti Suzuki and ALPA.
The agency claims to have deployed throughout greater than 170 manufacturing strains in over 60 manufacturing services throughout 4 continents.
Commenting on the fundraise, co-founder Aniruddha Banerjee mentioned the corporate goals to construct AI-driven methods that automate high quality inspection and help zero-defect manufacturing.
With the newest funding, SwitchOn joins a rising record of Bodily AI startups attracting investor curiosity. Just lately, Hakimo raised $12 million, Human Archive secured $8.2 million in seed funding, and Mowito raised $3 million in a pre-seed spherical led by Model One Ventures. In the meantime, Neocambrian AI launched an India-focused robotics information manufacturing facility to construct coaching datasets for Bodily AI fashions, highlighting rising exercise throughout the sector.