With involvement from US-based strategic investors, Bengaluru-based industrial AI firm Spector.ai has secured Rs 58 crore (about $6.7 million) in a new fundraising round headed by IvyCap Ventures.

Key Highlights

• Industrial AI startup Spector.ai secures Rs 58 crore Series A funding led by IvyCap Ventures for expansion.
• Spector.ai raises Rs 58 crore to scale computer vision AI solutions across manufacturing and industrial sectors.

In addition to strengthening the company's core AI, knowledge-graph, and agent-based capabilities across industrial reliability and operational performance use cases, the financial infusion will speed up product innovation and increase worldwide enterprise deployments.

Spector.ai created AI-powered reliability and performance agents for industries like oil and gas, chemicals, manufacturing, utilities, and automotive in response to the increasing complexity of asset-intensive industrial operations. 

By combining industrial domain expertise with equipment-level information, diagnostics, root-cause analysis, and prescriptive recommendations, our platform helps businesses transition from siloed monitoring tools to proactive, data-driven operations.

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The company's AI agents assist operations teams and reliability engineers in preventing failures, increasing uptime, optimizing throughput and energy efficiency, and lowering the lifespan costs of vital assets. Spector.ai wants to present itself as an intelligent system integrated into regular industrial processes.

With a strong engineering base in India and a US headquarters, Spector.ai interacts with current industrial systems and focuses on providing major organizations with predictive, diagnostic, and prescriptive intelligence at scale.