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Edgehax, an Edge AI hardware platform, has raised Rs. 1.39 Crore in a seed round led by Inflection Point Ventures. The funds will be used to boost manufacturing, accelerate product development, and scale into international markets across Singapore, the US and Europe. Edgehax is already used by more than 150 startups, OEMs, and large enterprises to rapidly prototype, develop, and scale hardware-first products, all on a single integrated board with compute, connectivity, and storage. The product launch is planned in Singapore alongside NXP by December this year.
Prabhu Stavarmath, CEO and Co-founder of Edgehax, added, “At Edgehax, our goal is to become a global pioneer in Edge AI Gateways and Single Board Computers by delivering fully integrated hardware platforms with open-source firmware and scalable cloud software - enabling rapid product development for startups, enterprises, and OEMs worldwide".
He further added, "By 2029, Edgehax aims to empower over 100 million developers using its boards and tools across APAC, the US, and Europe. The bigger goal is straightforward: become the go-to design and manufacturing partner for enterprises and OEMs that need hardware that is ready to use and easy to customise. Step by step, through consistent product development and local manufacturing, Edgehax is working to showcase its Make in India capabilities to a global stakeholders ecosystem.”
Vikram Ramasubramanian, Partner, Inflection Point Ventures, says, “Despite India being one of the largest markets for tech and AI, it lacks a domestic hardware prototyping platform. Startups, OEMs, and enterprises have to rely on foreign-made boards and compute modules. Our investment in Edgehax comes at a pivotal moment in time where the government also underlines India’s need for domestically designed and manufactured flexible hardware that is accessible, reliable and affordable.’’
Edgehax has enabled more than 100,000 students and faculty development programs across more than 30 universities and IITs using Edgehax dev kits. It also provides a hardware distribution platform for fabless OEMs to mass market their products and drive rapid adoption through its developer community across top-tier research institutions in India.