Physical AI startup SwitchOn raises $8 million in a pre-Series B round led by IvyCap Ventures to expand internationally and enhance R&D.
Amount Raised
$8 Million
Round Type
Series B
Investors
Description
Bengaluru-based SwitchOn has secured $8 million in a pre-Series B funding round led by IvyCap Ventures, with participation from SIG Tattva and Trifecta Capital. The capital will be used for international expansion, strengthening R&D, and scaling operations. Founded by Aniruddha Banerjee and Avra Banerjee, the startup develops AI-powered quality inspection systems. SwitchOn has deployed its technology across more than 170 production lines worldwide.
Quick answer
SwitchOn raised $8 Million in a Series B round, dated July 16, 2026. Investors: Ivycap Ventures, Trifecta Capital and SIG Tattva.
- How much did SwitchOn raise?
- SwitchOn raised $8 Million in a Series B round on July 16, 2026.
- Who invested in SwitchOn?
- Ivycap Ventures, Trifecta Capital and SIG Tattva are named as investors in this round.
- What does SwitchOn do?
- SwitchOn helps precision manufacturing Industries drastically reduce their manufacturing defects through the use of a one-of-a-kind field-trainable AI system.
- Where is SwitchOn based and how big is it?
- Fundz records about 69 employees.
- Who are the decision-makers at SwitchOn?
- Fundz holds 1 contact at SwitchOn. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in SaaS and Software around the same time
Companies in the same sectors as SwitchOn that raised within 45 days of this round, from Fundz verified event records.
- CAPER raised an undisclosed amount on August 28, 2026.
- fileAI raised an undisclosed amount on August 27, 2026.
- Arga Labs raised $10M (Seed) on August 26, 2026.
- Neno Technology raised $7.7M (Seed) on August 26, 2026.
- Deep Cogito raised $43M (Series A) on August 26, 2026.
- Hermetiq raised $2.2M (Seed) on August 25, 2026.
Who to call at SwitchOn, and when
A new round usually means SwitchOn is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day SwitchOn raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at SwitchOn, from your own LinkedIn network
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Funding Insights
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