NeuroPixel.AI raises $825,000 in a seed round led by IPV

Saas startup NeuroPixel.AI on September 6 announced that it has raised $825,000 in a seed round led by Inflection Point Ventures (IPV).

The firm aims to use the funds for scaling up the R&D team to accelerate the transition of its product from beta to production. Apart from this, the startup will use the fund for expanding its 'training set', considered to be a crucial piece of the puzzle for every machine learning algorithm.

Founded by Arvind Nair (CEO) and Amritendu Mukherjee (CTO) in late 2020, IPV originated at Entrepreneur First which helps aspiring entrepreneurs find co-founders and supports them in building technology companies. Other investors in the round included Entrepreneur First, Huddle, Dexter Angels, and Rishaad Currimjee.

The startup was among the six startups selected for investment by the ISB D-Labs incubator, under their seed support programme in collaboration with the Department of Science and Technology. The firm has also been selcted into the Huddle accelerator and it will commence from the closure of this round of funding.