We at EDGENeural are elated to have raised the seed funding from Anicut Angel Fund, the equity arm of Anicut Capital. The funding round saw participation from other prominent angel investors as well including Venkat Raju, 9Unicorns, Samir Inamdar, Dilip Angal.
Our founders, Sarvesh Devi and Dhairya Badiyani started EDGENeural.ai to bridge the challenges in the burgeoning EDGE ecosystem. The investment will help us further our progress in enabling enterprises to leverage edge AI capabilities. Our company is building a unified, cloud-neutral, hardware-agnostic platform ENAP that can automatically craft robust, scalable, and efficient deep neural network solutions for EDGE devices ready for production at scale. We are providing an end-to-end workflow solution focused on improving the efficacy of AI algorithms and models for EDGE devices, providing engineers/ developers with a modular fully integrated workflow designed to train, optimize, deploy and manage edge AI neural networks.
The company was initially bootstrapped and is currently backed by the NVIDIA Inception Program, T-Hub, StartupIndia, Microsoft for Startups, Nasscom DeepTech Club 2.0.
Sarvesh Devi, co-founder, and CTO, “We are delighted to have Anicut invest in our vision and help us scale our operations. It shows its trust in our innovative platform and the way we are rapidly scaling up the businesses, unleashing creativity, and fully utilizing the AI potential of the platform. This also underscores our role in building a platform that accelerates the process of deploying AI on the edge, thereby tackling the complexity and diversity of neural network models,”
“The rolling out of 5G in India sets the stage for wide-scale implementation of Edge computing, and we believe EDGENeural.ai can play a pivotal role in fast-tracking this adoption by democratizing access to robust and scalable deep neural network solutions. Its cloud-neural and sector-agnostic platform will not only empower enterprises and AI practitioners but also push Edge computing to the next level. We are delighted to be a part of EDGENeural’s journey and we are confident that the startup will bring a big wave of transformation in the industry,” said Abhijeet Pai, 9Unicorns.