Chennai-based start-up Jidoka Technologies has received a seed funding of $340,000 from a technology entrepreneur. The funding will be used for expansion in new markets of South East Asia and North America. Jidoka Technologies has already established itself in the field of automated cognitive inspection, it is set to expand its services to electronics, printing, general manufacturing, and pharma, among others.
Founded in 2018 by Sekar Udayamurthy, Jidoka Technologies uses state-of-the-art technical solutions to automate the process of visual quality checks at high speed by leveraging deep learning, AI/ML, and analytics. Its cutting edge, cognitive, and automated QC solution enhances the quality and efficiency of the entire manufacturing process with 98% efficiency, a 30%wastage reduction.
Presently valued at $3 million, Jidoka Technologies’ areas of expertise include data analytics and augmentation, deep learning, standalone automation, real-time QC, and high-speed monitoring, focusing on customizing the individual user experience. It aims to expand its services across global markets of Australia, the UK, and Europe, in addition to serving in the Indian sub-continent, Southeast Asia, and North America, by 2025.
Categories: Seed Funds