Perceptyne, a deep-tech robotics and AI company building industrial humanoid robots for automating dexterous tasks, has secured $3 million in a seed funding round led by Endiya Partners and Yali Capital with participation from Whiteboard Capital and notable angels.
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The money raised will be put toward accelerating expansion, client acquisition, and product development by India-based startup Perceptyne. The company collaborates closely with major electronics and automotive manufacturers.
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Raviteja Chivukula, CEO & Co-founder, Perceptyne, said, “AI has been making huge strides in the digital world with more computing being available, complex models being built, and large amounts of data being collected. Leveraging these advances in the world of manufacturing automation requires a different class of robots—those that can sense the real world better and are articulate enough to execute AI inferencing granularly. Perceptyne is building automation systems at this intersection—those that combine AI models with dexterity, multi-modal sensing, and articulate actuators. We believe that this will revolutionize manufacturing by making many more applications automatable.”
Founded in 2015, Endiya Partners has $100M under management. Endiya Partners is an early-stage venture capital fund that specializes in investing in Indian product startups that have global potential. With a deep understanding of their domain and vast experience in entrepreneurship and operations, the Endiya team plays a major role in developing scalable businesses.
In addition to financial support, Endiya also provides strategic and operational assistance to its portfolio companies, such as idea and market validation, management team development, business model optimization, customer and partner acquisition, and much more. Collectively, Endiya’s Investments team has a comprehensive understanding of the industries, with domain expertise ranging from SaaS to information security to semiconductors to healthcare & life sciences to financial services.
Raghav Gupta, Vice President, Endiya Partners, commented, “The time has come for an AI-first robotics company that is building for manufacturing automation. Perceptyne is addressing the critical need for a drop-in, generic automation solution that learns through AI-led teleoperation. Considering the tailwinds behind Make in India and the Perceptyne team’s capability, we believe there is much to be excited about.“
“We are excited about the potential of Perceptyne’s unique multi-faceted technology to deliver robotic solutions that are precisely tuned to the needs of sunrise sectors of India’s growing economy, such as electronic manufacturing. We are very happy to partner with the talented and innovative team at Perceptyne, and we believe that they are well equipped to address the opportunities available at the intersection of robotics and AI,” added Karthik Madathil, Partner at Yali Capital.
About Perceptyne
Founded by Raviteja Chivukula, Jagga Raju Nadimpalli, and Mrutyunjaya Nadiminti, Perceptyne Ushering is a revolution in automated assembly in the electronics and automobile industries. The startup is building the next generation of robotics. Build the future with us. At Perceptyne, founders greatly value dichotomies, including having experience while not losing a first principles approach, having a large vision while not losing attention to detail, and working on disruptive tech while hitting the market ASAP.
