Deeptech AI startup Myelin Foundry has raised $1 million in pre-Series A round led by Japanese VC firm Beyond Next Ventures. Endiya Partners — who had invested during the seed stage — also participated in this round.
The startup will utilise the funding to consolidate its products in the Indian video-streaming market and to expand into international markets. Myelin will further build capabilities and position itself to be a leader in the edge-AI space across industries.
