A new player has emerged in the world of AIoT product innovation. Rapidise Technology Pvt. Ltd., backed by Napino Tech Ventures and Teksun Microsys, has officially launched with an impressive $4 million seed funding round. This move promises to revolutionize how AI-enabled connected devices are brought to life.
Rapidise Secures $4M Seed Funding to Drive AIoT Innovation
Rapidise is positioned as a one-stop Original Design Manufacturer (ODM) for startups, SMBs, and enterprises. With the new funding, the company aims to streamline the process of designing, prototyping, certifying, and manufacturing next-generation AI-powered products. Customers can focus on branding and market strategies while Rapidise delivers innovation from the ground up.
Vertical Integration Boosts Electronics Manufacturing at Scale
By combining Teksun’s engineering talent with Napino’s manufacturing prowess, Rapidise offers vertical integration for rapid product development and mass production. Their facilities in India are equipped to handle complex projects across various sectors, such as automotive, healthcare, industrial, and consumer electronics. Furthermore, the company already boasts delivery of over one million smart IoT devices and holds more than $81 million in booked orders worldwide.
Global Partnerships and Advanced Facilities Power Rapidise’s Growth
Rapidise’s sophisticated infrastructure includes Japanese SMT lines, AI-powered PCB assembly, and automated camera module manufacturing. The company supports the development of products ranging from IoT modules and 5G-enabled devices to smart TVs and industry-specific solutions. Strategic collaborations, particularly with Qualcomm, help Rapidise integrate advanced AI and edge processing. Over 300 R&D engineers contribute to faster, scalable, and more accessible ODM services, ensuring rapid time-to-market for clients around the globe.
In summary, Rapidise is set to accelerate AIoT innovation by merging engineering expertise, advanced manufacturing, and global partnerships. With strong funding and a commitment to quality, the company is well-placed to power the next era of intelligent, connected devices.
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