HomeStartupsFundingControl One Raises $350K in Pre Seed Round

Control One Raises $350K in Pre Seed Round

Control One AI, an AI-first robotics startup, has raised $350K from a group of investors in the United States and India such as Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder, Wakefit), Amit Singh (Ex-MD, Avendus Capital) and Silicon Valley-based top supply chain executives from Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and General Electric.

The current funds raised are aimed at creating a fully functional prototype and conducting successful pilot validations. In the near future, they will also unveil the first fully functional prototype to demonstrate the AI in action. This will not only revolutionize the existing infrastructure but also alter the course of action in the supply chain, democratizing automation for all.

Bubble Tea Brand Boba Bhai Raises INR 12.5 Cr in Seed Round

Control One AI is building an AI specially tailored for slow-moving equipment utilised throughout the supply chain.

“Our mission is to transform slow-moving equipment worldwide using our advanced AI, enhancing vehicles to reach—or even surpass—human levels of intelligence. This technology will empower blue-collar workers worldwide to achieve greater productivity, safety, and satisfaction in their roles,” said Pranav S., founder and CEO of Control One.

According to a report by the Bureau of Labour Statistics (BLS), the supply chain labour market in the US alone is currently at $531 billion. Given this decade’s developing infrastructure for AI, Control One AI aims to address the global challenge.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments