Post by Indian Startup Times

Physical AI Startup Mowito Raises $3 Million Pre-Seed Round to Scale AI-Powered Industrial Robotics Physical AI startup Mowito has raised $3 million in a pre-seed funding round led by Version One Ventures, with participation from All In Capital, Unisol, iSeed, and angel investors Soumith Chintala (Thinking Machines Lab), Adarsh Kulkarni (Foundry Robotics), Ashish K Kulkarni (Coformer.ai), and Vaibhav Domkundwar (Better Capital). Founded in 2024 by Puru Rastogi, Adityanag Nagesh, and Safar V, Mowito is building Physical AI foundation models that enable industrial robot arms to learn manufacturing tasks through demonstrations instead of traditional programming. Its software runs on existing robotic hardware, allowing manufacturers to deploy automation faster without requiring hardware modifications. The fresh capital will be used to expand Mowito's presence in the United States, strengthen its engineering and go-to-market teams, and accelerate deployments across automotive and electronics manufacturing. The company's technology is already being used on production lines at a Fortune 500 automotive company and one of the world's largest electronics contract manufacturers, supporting high-precision assembly operations. With teams based in Bengaluru and Detroit, Mowito is positioning itself at the forefront of the growing Physical AI and industrial automation ecosystem, helping manufacturers make factory automation more flexible, scalable, and AI-driven. Read More: https://lnkd.in/gQ3BUzkS #IndianStartupTimes #Mowito #PhysicalAI #ArtificialIntelligence #Robotics #IndustrialAutomation #Manufacturing #VersionOneVentures #AllInCapital #Unisol #iSeed #SoumithChintala #ThinkingMachinesLab #AdarshKulkarni #FoundryRobotics #AshishKulkarni #CoformerAI #VaibhavDomkundwar #BetterCapital #StartupFunding #DeepTech #ManufacturingTech #Automation #StartupIndia #BengaluruStartups