April 23, 2026
Funding Fusion News

GenAI-powered platform CraftifAI raises $3 million to expand its engineering, go-to-market teams

  • February 18, 2026
  • 0

Multi-agent GenAI-powered platform CraftifAI has raised $3 million in a seed funding spherical led by Ankur Capital, with participation from IvyCap Ventures, Capital-A, Antler and different traders. The

GenAI-powered platform CraftifAI raises  million to expand its engineering, go-to-market teams


Multi-agent GenAI-powered platform CraftifAI has raised $3 million in a seed funding spherical led by Ankur Capital, with participation from IvyCap Ventures, Capital-A, Antler and different traders.

The startup will use the capital to broaden its engineering and go-to-market groups and scale throughout international embedded, edge and IoT markets.

Based in 2025 by former PhonePe govt Pratik Sharda and ex-Xilinx senior system design engineer Yashwant Dagar, CraftifAI is constructing CraftifAI Orbit, an agentic AI platform designed to automate embedded software program growth for edge, IoT and AI-powered units.

The startup’s on-line platform permits automated, hardware-optimised code era and AI and ML deployment. By consolidating fragmented toolchains right into a single AI-driven workflow, it goals to automate the embedded software program lifecycle, from design and growth to manufacturing.

CraftifAI claims this strategy reduces growth time and value, whereas serving to purchasers transfer from idea to market-ready {hardware} extra shortly and with higher accuracy.

The startup has secured pilot engagements with a number of Indian authentic tools producers throughout robotics, drones, IoT and AI digicam segments. It’s also working with a publicly listed semiconductor firm in the US.

In keeping with business projections cited by the corporate, the variety of related sensible units is predicted to rise to greater than 41 billion by 2030, up from 16 billion in 2023. On the identical time, gadget complexity is rising. Nonetheless, there are solely about 2.5 million embedded software program engineers globally, making a expertise bottleneck. CraftifAI is positioning its automation-led platform as a response to this structural hole.

“The embedded software program market is experiencing a elementary transformation. Good units of all sorts have gotten each extra widespread and extra advanced. We’re investing in CraftifAI as a result of we consider this sector is at a vital inflection level,” mentioned Shiva Shanker, Companion at Ankur Capital.