Vision AI startup SwitchOn raised $4.2 million in Series-A led by Axilor Ventures and pi Ventures where prominent angel investors including Anuj Bihani, Laxmi Narayan, others have also participated.
The startup intends to use the new funds to expand internationally, make key sales and technology hires, and invest in research and development.
SwitchOn was founded with the goal of eliminating manufacturing defects. It assists precision manufacturing industries in reducing manufacturing defects by utilising a field-trainable AI system. According to the startup, SwitchOn’s platform is used by global manufacturers such as SKF, ITC, and Unilever.
“We believe we have stabilised AI to the point where single-day trials and single-week deployments are finally a reality,” SwitchOn cofounder Aniruddha Banerjee said.
“With this funding, we plan to expand our technology and R&D teams and focus on unlocking never-before-solved use cases in manufacturing,” SwitchOn cofounder Avra Banerjee explained.
SwitchOn claims that its AI system DeepInspect assists manufacturers in quickly identifying complex surface defects with superhuman accuracy of more than 99%. According to the startup, DeepInspect’s quick setup uses less than 200 good images to train AI models, allowing manufacturers to adopt and completely automate their quality inspection and deploy hundreds of SKUs within days.