SaaS startup NeuroPixel.AI raises $825-K from IPV, Entrepreneur First, others

Bengaluru-based SaaS startup NeuroPixel.AI has raised USD 825,000 in a seed round led by Inflection Point Ventures (IPV). Other investors in the round included Entrepreneur First, Huddle, Dexter Angels, and Rishaad Currimjee. The firm aims to use the funds for scaling up the R&D team to accelerate the transition of its product from beta to production. It will also expand its 'training set', considered to be a crucial piece of the puzzle for every machine learning algorithm. NeuroPixel was among the six startups selected for investment by the ISB D-Labs incubator, under their seed support programme in collaboration with the Department of Science and Technology. The firm has also been selected into the Huddle accelerator and it will commence from the closure of this round of funding.