Invention Engine, a founder-led accelerator, has spearheaded a $2.5 million funding round in four promising portfolio companies, including Sonic Lamb, Cheerio AI, Desible.ai, and Magicroll. These startups cover a diverse range of tech sectors, from hardware and enterprise SaaS to voice AI and video infrastructure.
Sonic Lamb, known for its India-designed headphones, secured around $1 million to expand its global reach and enhance its core technology for automotive and pro-audio sound applications. Cheerio AI, an AI marketing automation platform trusted by over 150 enterprises, raised approximately $1 million to bolster its customer engagement and revenue retention capabilities through intelligent automation.
Desible.ai, a conversational infrastructure platform for BFSI workflows, obtained $250K to develop AI-powered voice agents with multilingual and empathetic capabilities. Magicroll, an AI-driven video editing platform, received $100K to further enhance its unique approach in creating personalized short-format videos.
With Invention Engine expanding its early-stage investment program through initiatives like the ‘ACE $100k’ cohort, offering patient capital to startups, the tech landscape in India is ripe for a surge of AI-led innovations.
Source: Entrackr : Latest Posts