Myelin Foundry is a deep tech product start-up founded in 2019 with the slogan "Everything AI, Anything Creative". The company is focused on transforming human experiences and industry outcomes through the development of Artificial Intelligence algorithms for video, voice, and sensor data, primarily for consumer edge devices. Myelin Foundry operates in the Industrial and Information Technology industries, with its headquarters based in India. The company recently secured a significant INR243.00M Series A investment on 23 January 2023, with participation from notable investors including Endiya Partners, Beyond Next Ventures, Pratithi Investments, and Visteon. Myelin Foundry's commitment to leveraging AI for creative solutions positions it as a promising player in the tech industry, and the recent investment round is expected to further fuel its innovation and expansion efforts. Myelin Foundry's strategic focus on AI and its ability to attract substantial investment from reputable firms make it a compelling prospect for venture capitalists seeking opportunities in the tech sector. As the company continues to pioneer AI-driven advancements in creative applications, it presents an attractive investment potential for those interested in the intersection of technology, human experience, and industry transformation.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $4.00M | 4 | Subh Labh Research | 08 May 2024 |
Series A | INR243.00M | 4 | Visteon | 23 Jan 2023 |
Seed Round | $1.00M | 2 | 12 May 2021 | |
Seed Round | Unknown | 2 | 14 Dec 2020 | |
Seed Round | Unknown | 1 | 11 Jun 2020 |
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