IvyCap Ventures Leads $8M Pre-Series B Funding for Indian AI Quality Inspection Startup SwitchOn

On July 16, SwitchOn, a Bengaluru-based AI quality inspection startup, announced a US$8 million pre-series B funding round led by IvyCap Ventures, with participation from SIG Tattva and Trifecta Capital. Founded in 2017, the company automates quality inspection on factory production lines using computer vision systems to detect defects in automotive, pharmaceutical, consumer goods, and electronics manufacturing. SwitchOn has worked with manufacturers including Unilever, ITC, Bosch, and SKF. The funding follows a US$4.2 million series A round announced in April 2023.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments