Control One AI, a pioneering AI-first robotics startup, has secured $350K in a pre-seed funding round from a consortium of investors spanning the United States and India. Notable backers include Kunal Shah (Founder, CRED), Chaitanya R (Co-Founder, Wakefit), Amit Singh (Ex-MD, Avendus Capital), as well as prominent supply chain executives from tech giants such as Tesla, Amazon, Walmart, eBay, Mercedes-Benz, and General Electric.
The company revealed in a recent press release that the funding injection will fuel the development of a fully functional prototype and facilitate successful pilot validations. Control One AI will unveil its inaugural prototype soon, showcasing the AI technology in action.
Specializing in AI tailored for slow-moving equipment prevalent throughout supply chains, Control One AI aims to revolutionize industry practices. “Our mission is to transform slow-moving equipment worldwide using our advanced AI, enhancing vehicles to reach—or even surpass—human levels of intelligence,” stated Pranav S, founder and CEO of Control One. “This technology will empower blue-collar workers worldwide to achieve greater productivity, safety, and satisfaction in their roles.”
The Bureau of Labor Statistics (BLS) reports that the supply chain labour market in the US alone is valued at $531 billion. With this decade’s burgeoning infrastructure for AI development, Control One AI is poised to address this global challenge head-on.