Control One AI, an AI-first robotics startup, has raised $350,000 from a group of investors in the US and India, including Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder, Wakefit), and Amit Singh (Ex-MD, Avendus Capital), as well as Silicon Valley-based top supply chain executives from Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and General Electric.
Control One AI, an AI-first robotics startup, has raised $350,000 in a pre-seed fundraising round sponsored by major investors from the United States and India.
The round was attended by Silicon Valley’s top supply chain leaders from Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and General Electric, including Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder, Wakefit), and Amit Singh (ex-MD, Avendus Capital).
According to the company’s news statement, the cash will be used to create a fully functional prototype and undergo successful pilot validation. In the near future, it will also reveal the first fully functional prototype to show the AI in action.
Control One AI is developing an AI that is specifically specialized for slow-moving equipment used across the supply chain.
The business claims that integrating AI technology with equipment developed and perfected by humans over centuries will improve the safety and efficiency of difficult and hazardous operations in unhealthy surroundings.
“Our objective is to use powerful artificial intelligence to alter slow-moving equipment all across the world, allowing vehicles to reach—or even exceed—human cognitive levels. “This technology will enable blue-collar workers around the world to achieve greater productivity, safety, and job satisfaction,” said Pranav S, Control One’s founder and CEO.
Pranav, who has over 15 years of expertise in robotics, AI, and IoT, has successfully installed over 60 robots and intelligent automation systems for 18+ clients worldwide, including well-known brands like Tata and Qualcomm (both in Silicon Valley and India).
According to the company’s announcement, the funds received will be used to develop a fully functional prototype and execute successful pilot validations.
Additionally, the startup will soon present the first working prototype that shows AI in operation. According to the business, this would not only disrupt existing infrastructure but also change the direction of the supply chain, democratizing automation for all.
According to the Bureau of Labor Statistics (BLS), the supply chain labor market in the United States alone is presently valued at $531 billion. Given the growing AI infrastructure in this decade, Control One AI wants to meet the worldwide challenge.