Funding · AI & Deep Tech

CraftifAI raises $3M seed round

By Startup Enthusiast · 17 February 2026

What they do

CraftifAI builds a multi-agent GenAI platform that automates embedded software development for edge, IoT and AI devices

It raised a $3M seed round led by Ankur Capital, with participation from IvyCap Ventures, Capital-A and Antler

The company was founded in 2025 by ex-PhonePe and ex-Xilinx engineers and already has pilot customers including a US-listed semiconductor firm

CraftifAI has raised a $3M seed round.
The round was led by Ankur Capital.
IvyCap Ventures, Capital-A and Antler also participated.
The company builds a multi-agent GenAI platform for embedded software automation.
Its product, CraftifAI Orbit, automates embedded software development for edge, IoT and AI devices.
The platform consolidates fragmented toolchains into a single AI-driven workflow.
It automates the entire embedded software lifecycle from design to manufacturing.
CraftifAI was founded in 2025 and is headquartered in Bengaluru.

The global embedded software market is at a critical inflection point, says Ankur Capital.
There are about 2.5 million embedded software engineers globally.
Connected smart devices are projected to grow from 16B in 2023 to over 41B by 2030.
CraftifAI claims tasks that took days are now completed in minutes.

CraftifAI offers a multi-agent GenAI platform for embedded software automation.
Its product CraftifAI Orbit is an agentic AI platform for embedded software development.
The platform generates hardware-optimised code and deploys AI/ML models automatically.
It targets industries like robotics, drones, IoT, automotive, consumer electronics and surveillance.
Supported frameworks include GStreamer, ROS2, Android and Agentic AI.
The company has several Indian OEMs as pilot customers across robotics, drones and IoT.
It also has a US-listed semiconductor company as a pilot customer.

Product: CraftifAI Orbit agentic AI platform enabling automated hardware-optimized code generation and deployment
Customers: Hardware manufacturers and embedded systems developers in IoT, robotics, and automation sectors
How it makes money: B2B SaaS platform for embedded software development and AI/ML deployment
What sets it apart: Consolidates fragmented toolchains into single AI-driven workflow reducing development time and cost