Perceptyne is an emerging leader in the space of AI driven, semi-humanoid robots for industrial automation. The funding will be used for accelerating product development, customer acquisition and growth. The company is working closely with manufacturing giants in automotive and electronics.
Perceptyne’s products are designed to perform tasks demanding human-like dexterity, such as product assembly & packaging. To accomplish this, the startup is building a vertically integrated full stack robotics platform centered around AI.Perceptyne’s flagship products, PR-34D and PR-9D, are dual-arm and single-arm robots with integrated computer vision & AI, multi-modal sensing and highly articulate end-effectors suited for manufacturing / assembly line applications.
Perceptyne’s integrated approach will help manufacturing companies accelerate robotic automation efforts by dramatically reducing integration time (quarters to weeks) and implement automation without changes to their assembly lines.
Perceptyne was founded by IIT Madras & BITS alumni Raviteja Chivukula, Jagga Raju Nadimpalli and Mrutyunjaya Nadiminti. The team has rich experience in designing, manufacturing and selling deep-tech products for the Aerospace, Automotive and Electronics industries.
Raviteja Chivukula, CEO & Co-founder, Perceptyne, said, “AI has been making huge strides in the digital world with more compute being available, complex models being built and large amounts of data being collected. Leveraging these advances in the world of manufacturing automation requires a different class of robots - those that can sense the real-world better and are articulate enough to execute AI inferencing granularly. Perceptyne is building automation systems at this intersection - those that combine AI models with dexterity, multi-modal sensing and articulate actuators. We believe that this will revolutionize manufacturing by making many more applications automatable.”
Raghav Gupta, Vice President, Endiya Partners, commented, “The time has come for an AI-first robotics company which is building for manufacturing automation. Perceptyne is addressing the critical need for a drop-in, generic automation solution that learns through AI-led tele-operation. Considering the tailwinds behind Make in India, and Perceptyne team’s capability, we believe there is much to be excited about.“
“We are excited about the potential of Perceptyne’s unique multi-faceted technology to deliver robotic solutions that are precisely tuned to the needs of sunrise sectors of India’s growing economy such as electronic manufacturing. We are very happy to partner with the talented and innovative team at Perceptyne and we believe that they are well equipped to address the opportunities available at the intersection of robotics and AI”, added Karthik Madathil, Partner at Yali Capital.
The industrial robotics opportunity is vast, with the global market estimated to reach USD 41 billion annually by 2030, registering a CAGR of 12.3%. This growth fueled by global labor shortage and increased reshoring presents a strong global opportunity for AI driven robotics companies. In addition, the manufacturing sector in India is poised for rapid growth due to the China+1 strategy and aided by government push through schemes like PLI. Perceptyne is well positioned to meet this surging demand for automation both global and domestic.
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