Private Equity Angel Investments
Warehouse automation startup Control One raises $350-K
Source Control One AI (opens in a new tab)Business Line (opens in a new tab)
Bengaluru-based Control One AI , an AI-first robotics startup, has raised USD 350,000 from a group of investors including Kunal Shah (founder, CRED), Chaitanya R (co-founder,Wakefit) and Amit Singh (ex-MD, Avendus Capital) as well as Silicon Valley based supply chain executives from Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and General Electric.Control One AI is building an AI specially tailored for slow moving equipment used throughout the supply chain. The funding proceeds will be used for creating a prototype and for conducting pilot validations.