CraftifAI has raised $3 million (around INR 27.2 crore) in a seed funding round. The investment was led by Ankur Capital.
Other investors in the round include IvyCap Ventures, Capital-A, and Antler, along with others.
The company will use the new funds to strengthen its engineering team, expand its sales and marketing efforts, and grow its presence in international markets.
“The embedded software industry has struggled with the same inefficiencies for decades- manual driver development, hardware vendor lock-in, and lengthy development cycles,” said Pratik Sharda, Co-Founder and CEO of CraftifAI. “I experienced these pain points firsthand at PhonePe while leading SmartSpeaker development, and my Co-founder Yashwant faced similar challenges building edge AI applications for customers at AMD and SIMA.ai. We saw how these bottlenecks delay product launches and significantly increase costs. With CraftifAI Orbit, we’re bringing the same AI-powered productivity revolution that developers love in tools like Cursor to the embedded systems world. Our vision is to make embedded development as accessible and efficient as modern software development, enabling any engineer to build Edge applications & firmwares without being locked into specific hardware vendors.”
Shiva Shanker, Partner at Ankur Capital, added, “The embedded software market is experiencing a fundamental transformation. Smart devices of all types are becoming both more common and more complex. We are investing in CraftifAI because we believe this sector is at a critical inflection point. As Ankur Capital’s thesis, we look for opportunities where technological shifts create new opportunities at scale. The convergence of AI, edge hardware proliferation, and the talent shortage represents exactly that kind of inflection point. CraftifAI’s AI-native approach addresses this critical gap by making existing developers significantly more productive.
“We’re excited to back CraftifAI as part of India’s emerging AI infrastructure story. Generative AI-led development tools will redefine semiconductor software workflows. By accelerating firmware porting and code creation, the platform enables faster time-to-market and positions India to build globally relevant AI-native chip tooling”, mentioned Ankit Kedia, Founder and Lead Investor at Capital-A.
Founded in 2025 by Pratik Sharda and Yashwant Dagar, CraftifAI is building a platform called CraftifAI Orbit. This AI platform helps automate embedded software development for Edge, IoT, and AI-powered devices.
Embedded software is the program that controls how hardware devices work. CraftifAI Orbit makes this process easier by automatically generating hardware-optimized code and supporting AI and machine learning deployment.
The platform brings different tools together into one AI-powered system. It supports the full process—from product design and development to manufacturing—helping companies launch their hardware products faster and with better accuracy.
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