AI Startup Rapidise Secures $4 Million in Seed Funding for Creating AI-Linked Gadgets
Rapidise Technology: Empowering the Future of AI-Connected Devices
Rapidise Technology, an Original Design Manufacturer (ODM), is making waves in the tech industry by specializing in the development and manufacturing of AI-connected devices and IoT solutions. With a vision to become a world-leading ODM player, Rapidise integrates engineering and manufacturing under one roof to deliver intelligent, high-performance electronics [1][2].
As an ODM, Rapidise offers end-to-end services, from product design and prototyping to mass production. The company employs advanced manufacturing technologies such as fully automated Japanese SMT lines, AI-powered PCB assembly, and clean room environments to build complex electronic devices. This approach helps customers by reducing engineering risks and shortening time-to-market for custom IoT, AI, and connected products [1][2].
Rapidise serves a diverse range of industries, including consumer electronics, IoT and Industry 4.0, security & surveillance, healthcare, automotive, agri-tech, fin-tech, and utilities. The company's offerings span from smart TVs and mobile phones to custom IoT modules and gateways, camera modules, dash cams, body-worn cameras, 5G-enabled surveillance, infotainment systems, and smart devices for specialized applications [1][2].
Partnerships with semiconductor and connectivity firms are key to Rapidise's success. These collaborations enable the integration of AI, connectivity, and edge computing technologies into its platforms, accelerating AI innovation at the intelligent edge for scalable, connected device solutions [1].
Rapidise Technology was launched in 2020 by Napino Tech Ventures and Teksun Microsys with $4 million in seed funding. The company, led by Brijesh Kamani, Founder and CEO, and a team of 300 R&D engineers, is transforming the process of product creation, from concept to mass production [1].
The collaboration between Rapidise and its partners is a strong example of India-led co-innovation powering intelligent edge solutions globally. Ashish Chinthal, Chief Business Officer at Rapidise, emphasizes the collaboration as an accelerator for scalable AI innovation. Manmeet Singh, Senior Director & India Business Head of Automotive, Connectivity, Broadband & IoT, Qualcomm India, highlights the partnership as showcasing the potential of ecosystem partnerships to accelerate AI innovation [1].
Rapidise has already delivered over one million IoT devices and has $81 million in booked orders across North America, Europe, the Middle East, and APAC. With its self-service platform offering instant quotes for engineering and manufacturing, Rapidise provides faster, more accessible, and fully transparent ODM services [1].
In conclusion, Rapidise Technology is a cutting-edge ODM focused on AI-powered IoT product innovation and manufacturing, serving diverse sectors with smart, connected device solutions globally [1][2].
Data-and-cloud-computing technologies are integrated into Rapidise Technology's platforms, enabling scalable, connected device solutions through advanced AI and edge computing. The company's offerings in technology span from smart devices to AI-powered IoT solutions, setting it apart as a leader in the tech industry.
