Funding · AI & Deep Tech

Four Invention Engine startups raise $2.5m collectively

By Startup Enthusiast · 13 March 2026

What they do

Invention Engine is a founder-led accelerator supporting early-stage Indian startups

Its four portfolio companies raised approximately $2.5 million in total funding this round

The group also opened applications for its fourth cohort of the ACE $100K program

Invention Engine announced that four of its portfolio startups have raised funds.
The collective amount raised by these companies is approximately $2.5 million.
Sonic Lamb secured about $1 million for its deep-tech audio hardware business.
Cheerio AI also raised roughly $1 million for its no-code marketing automation platform.
Desible.ai obtained $250,000 to build enterprise conversational AI infrastructure.
Magicroll received $100,000 to develop its AI-powered video editing tools.
Invention Engine simultaneously opened applications for its ACE $100K accelerator program.
This new cohort will support 6–8 early-stage startups over six months.

The diverse funding highlights the accelerator's focus on core AI technologies.
Portfolio companies span hardware, B2B SaaS, and consumer content creation tools.
The concurrent accelerator launch signals continued expansion of the investment program.

Sonic Lamb designs India-made headphones with unique audio technology.
Cheerio AI provides customer engagement solutions generating over Rs 500 crore in revenue.
Desible.ai targets banking sectors with multilingual voice agents for compliance workflows.
Magicroll converts raw content into short-form videos while preserving creator storytelling.
The ACE program invests $100,000 per selected startup for core AI development.