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SwitchOn secured $8 million in a pre-Series B funding round led by IvyCap Ventures

SwitchOn secured $8 million in a pre-Series B funding round led by IvyCap Ventures
SwitchOn secures $8 million in a pre-Series B funding round led by IvyCap Ventures to accelerate business growth and expansion

SUMMARY

SwitchOn is a physical AI startup. SwitchOn has raised $8 million (approximately ₹78 crore) in its pre-Series B funding round. IvyCap Ventures led the investment round. Other key investors, such as SIG Tattva and Trifecta Capital, actively participated in the funding round. The investment marks a significant step forward for the company in its ongoing journey to strengthen its presence in the dynamic field of industrial AI.

Technology development and capital allocation

The fundraising is SwitchOn’s third significant round since inception. The startup had previously raised a $1.1 million seed funding round and then followed with a $4.2 million Series A funding round. 

SwitchOn will use the newly acquired $8 million to fuel its next phase of growth. The fresh capital will be immediately reinvested in growing the company’s international business, R&D skills, and its overall go-to-market efforts within the manufacturing industry.

SwitchOn was established by Aniruddha Banerjee and Avra Banerjee. SwitchOn focuses specifically on creating quality inspection systems using AI for manufacturers. Its proprietary system directly incorporates standard factory machinery with computer vision and artificial intelligence to automate complex defect detection and quality control inspections. 

DeepInspect is the flagship product of the startup, which uses edge-based computer vision technology to detect defects in products in real time during the active production process. This platform is designed to scan products at ultra-fast speeds and to lower quality-related manufacturing costs.

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Growth and vision

SwitchOn’s customer base is diverse and includes the manufacturers of consumer products, electronics, automotive, facilities, and pharmaceutical products across important industries. Major brands from the international and regional arenas are part of its clientele set, like Unilever, Bosch, Maruti Suzuki, and ALPA. 

This trend is evidenced by other recent investments in the sector, including Hakimo which raised $12 million, Human Archive which secured $8.2m in seed funding, and Mowito which raised $3m in a pre-seed round led by Version One Ventures. Furthermore, Neocambrian AI has recently announced the launch of an India-specific robotics data factory, which is intended to create training datasets for Physical AI models, adding to the overall ecosystem’s rapid growth and investor faith.

SwitchOn’s vision is advanced AI that automates entirely quality inspection processes to fully support the manufacturing industry’s transition towards zero-defect production. The company is pursuing this strategy by concentrating on its growth in international presence, R&D muscle, and go-to-market activities in a diverse range of industrial manufacturing sectors.

This strategic trajectory is underpinned by considerable commercial success and quick scaling of its operations. SwitchOn has already extended its reach to 4 continents, with its technology having been implemented on over 170 production lines in over 60 manufacturing facilities. The startup has a clear track of rising from the initial seed round worth $1.1 million and the Series A round worth $4.2 million to its current global presence, serving large international consumers, electronics, automotive, and pharmaceutical firms like Unilever, Bosch, Maruti Suzuki, and ALPA.

Conclusion

SwitchOn’s latest $8 million round of funding brings it among a growing and active group of Physical AI startups who are receiving significant investor attention in 2026. The company states that it’s already made this technology available in over 170 production lines in more than 60 manufacturing plants across 4 continents.

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