Abee Research Labs Private Limited, operating under the name SwitchOn, has successfully secured $8 million in a pre-Series B funding round. This significant financial milestone was spearheaded by IvyCap Ventures. Legal counsel for IvyCap Ventures Fund III was provided by the esteemed law firm, JSA Advocates & Solicitors.
The team from JSA was led by Partner Anurag Shrivastav, who expertly navigated the legal intricacies of this investment. He was supported by Partner Siddharth Mody, who offered strategic insights, and Principal Associate Niharika Rao, alongside Associates Ayush Chaturvedi and Prakhar Jain.
SwitchOn is renowned for its innovative development of AI-powered machine vision systems, designed to automate quality inspections on manufacturing lines. The substantial funds raised will be dedicated to accelerating the company’s global market expansion and enhancing its research and development efforts in pioneering next-generation physical AI technologies.
