Frinks AI has secured $5.4 million in a new funding round spearheaded by Prime Venture Partners. The round included participation from current investor Chiratae Ventures, Navam Capital, and Ashok Atluri, founder of Zen Technologies.

This round brings the overall funding secured by Frinks AI to $6.25 million.

Frinks AI is a deep-tech startup established by IIT Hyderabad graduates Aditya Agrawal, Dharmgya Sharma, and Subhra S Bhattacherjee, developing advanced visual artificial intelligence (AI) systems for industrial automation and quality assurance.

Frinks AI intends to utilize the funds to enhance its platform globally, heavily invest in research and development, and increase its footprint in the important US market. To boost growth, the firm is actively seeking collaborations with automation firms and original equipment manufacturers (OEMs) for a shared market launch effort.

Brij Bhushan, partner at Prime Venture Partners says, "Visual inspection in manufacturing has been around for 50 years, but owing to a rule-based approach, its applicability has been limited to less than 15 percent scenarios typical on the assembly line. Frinks has leveraged advancements in image processing, AI compute to develop manufacturing-specific machine vision models.”

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"By combining foundational models with in-house fine-tuning using a small set of images, Frinks is able to guarantee 99.99 percent accuracy to its customers. It is our pleasure to partner with Aditya, Dharmagya and Subhra in expanding this 10x product to India as well as taking it global," adds Brij Bhushan.