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Funding · AI & Deep Tech

SwitchOn raises $8M Pre-Series B round

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Date
Company
SwitchOn
What it does
Physical AI for manufacturing quality inspection
Kind
Funding
Amount
$8M (₹78 Cr)
Stage
Pre-Series B
Founded
2017
Sector
AI & Deep Tech

What they do

SwitchOn builds AI-powered quality inspection systems for manufacturing

What happened

It raised $8M (₹78 Cr) Pre-Series B led by IvyCap Ventures, with SIG Tattva and Trifecta Capital

Why it matters

The company has deployed on over 170 production lines across 10+ countries and 4 continents

The details

  • SwitchOn raised $8M (₹78 Cr) in a Pre-Series B round.
  • The round was led by IvyCap Ventures.
  • SIG Tattva and Trifecta Capital also participated.
  • The funding is a mix of equity and debt, but the split was not disclosed.
  • SwitchOn will use the funds for international expansion and R&D in next-gen Physical AI.
  • The company also plans to scale its go-to-market globally.
  • This brings SwitchOn's total funding to ~$13.3M.

The bigger picture

  • SwitchOn's first production systems were deployed in 2021.
  • The company aligns with India's Make in India and PLI schemes.
  • Recent similar deals in the space include Ethereal Machines ($28.5M) and Integra Robotics ($1.12M).

About the business

  • SwitchOn is a Physical AI startup that provides AI-powered quality inspection for manufacturing.
  • Its product is DeepInspect, an edge-native VisionAI platform for defect detection.
  • DeepInspect achieves sub-150-micron precision and inspects over 1,200 products per minute.
  • Its defect detection accuracy is >99% and it reduces quality inspection costs by up to 50%.
  • SwitchOn has deployed on over 170 production lines across more than 60 manufacturing facilities.
  • It operates in over 10 countries across 4 continents.
  • Customers include Unilever, Bosch, Maruti Suzuki, and ALPA.
  • The company serves industries such as CPG, electronics, automotive, and pharmaceuticals.

What happens next

  • SwitchOn will use the funds for international expansion.
  • It will invest in R&D for next-generation Physical AI.
  • The company plans to scale its go-to-market globally.

The deal

Type
Pre-Series B

Investors

  • IvyCap Ventures (lead) — Venture capital firm; Vikram Gupta is Founder and Managing Partner.
  • SIG Tattva (participated) — Investment firm; Shashvat Somany is Founder.
  • Trifecta Capital (participated) — Venture debt firm; Abhijit Joshi is Director – Venture Debt.

Founders

  • Aniruddha Banerjee, co-founder
  • Avra Banerjee, co-founder

About SwitchOn

Product
DeepInspect platform using edge-based computer vision to detect product defects on factory lines
Customers
Manufacturers in FMCG, electronics, automotive and pharmaceutical sectors
How it makes money
B2B software and hardware solution for automated quality inspection with edge-native processing
What sets it apart
Sub-150 micron precision defect detection at speeds exceeding 1,200 products per minute

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