SwitchOn Raises $8 Million in Pre-Series B Funding Led by IvyCap Ventures

SwitchOn, IvyCap Ventures, Physical AI, startup funding, pre-Series B, artificial intelligence, computer vision, manufacturing technology, DeepInspect, SIG Tattva, Trifecta, Indian startups

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Physical AI startup SwitchOn has raised $8 million, approximately Rs 78 crore, in a pre-Series B funding round led by IvyCap Ventures. SIG Tattva and Trifecta also participated in the round.

The investment marks SwitchOn’s third major funding raise. The company previously secured $1.1 million in seed funding, followed by a $4.2 million Series A round.

SwitchOn plans to direct the new capital towards international expansion, product research and development, and stronger go-to-market operations for manufacturing customers.

Founded by Aniruddha Banerjee and Avra Banerjee, SwitchOn develops artificial intelligence-powered quality inspection systems for factories. Its technology combines computer vision with AI at the production site, allowing manufacturers to automate defect detection and routine quality checks.

DeepInspect targets defects during production

SwitchOn’s flagship product, DeepInspect, uses edge-based computer vision to identify defects while products are still moving through the manufacturing process.

By processing inspection data closer to the production line, the system is designed to carry out checks at high speeds. SwitchOn says the technology can also help manufacturers reduce costs linked to quality failures and manual inspection.

The company works with manufacturers across consumer goods, electronics, automotive and industrial sectors. Its customer list includes Unilever, Bosch, Maruti Suzuki and ALPA.

SwitchOn says its technology has been deployed across more than 170 production lines at over 60 manufacturing facilities spread across four continents. That existing footprint gives the company a base from which to pursue its planned international expansion.

Focus shifts to international growth and product development

Co-founder Aniruddha Banerjee said the company’s broader goal is to build AI systems that automate quality inspection and support zero-defect manufacturing.

The latest funding gives SwitchOn additional resources to develop those systems while widening their adoption across manufacturing environments. The company’s next phase will centre on deeper product development, entry into more international markets and expanded commercial operations across the manufacturing sector.

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