UGX.ai Raises $1 Million Seed Funding to Accelerate Smart Manufacturing Expansion
UGX.ai already works with 20+ enterprise customers across the automotive and electronics sectors and has achieved 5X growth over the past two years.
Startup to deepen product innovation and scale adoption of its AI-powered Smart MES platform across India and global markets
National, October 9: Deep-tech startup UGX.ai, which is driving digital transformation in discrete manufacturing, has raised $1 million in Seed funding to accelerate expansion and adoption of its full-stack Smart Manufacturing Execution System (MES) platform.
The round was led by Blue Ocean Venture Partners, with participation from DeVC, iSeed, Atrium Ventures, Point One Capital, and prominent angel investors including Ramakant Sharma (Livspace), Prateek Maheshwari (PhysicsWallah), Lovleen Bhatia (Edureka), Meghna Agarwal (IndiQube), Varun Pahwa (Pahwa Group), and Asad Khan (LambdaTest), among others.
Digitising the World’s Factory Floors
Founded by IIT BHU and ISB alumni — Abhishek Kumar, Ankur Singh, Ankit Agarwal, and Prakhar Nigam — UGX.ai is building the data infrastructure of the future for manufacturing, enabling enterprises to unlock new levels of efficiency, productivity, and quality through real-time analytics and AI-driven insights.
The company’s proprietary Industrial Edge Gateway and communication protocol library enable seamless connectivity across machines, while applications such as Machine Monitoring, Traceability, Vision-based Quality Inspection, and Smart MES provide actionable intelligence. UGX.ai already works with 20+ enterprise customers across the automotive and electronics sectors and has achieved 5X growth over the past two years.
“We are on a mission to digitise the world’s factory floors,” said Abhishek Kumar, Co-founder, UGX.ai. “After digitising India’s classrooms, I am now focused on transforming manufacturing with trustworthy, real-time data. This funding gives us the resources to accelerate expansion in India and deepen product innovation,” he added.
Investor Confidence in Industry 4.0
Backing the company, Swadeep Pillarisetti, Founding Partner and Managing Director of Blue Ocean Venture Partners, said:
“UGX.ai is at the forefront of smart manufacturing with a differentiated full-stack approach and strong customer traction. The team is uniquely positioned to capture the massive global opportunity in manufacturing transformation, and we are proud to support their journey.”
About UGX.ai
UGX.ai describes itself as an Industrial DataOps platform transforming discrete manufacturing with real-time machine data and AI-powered applications. Its integrated stack—combining hardware, middleware, and software—helps manufacturers modernise operations, improve efficiency, and accelerate Industry 4.0 adoption.
About Blue Ocean Venture Partners
Blue Ocean Venture Partners is an early-stage deep-tech investor focusing on defence tech, robotics, Industry 5.0, spacetech, drone tech, medtech, and enterprise AI. Its portfolio includes startups like AutoNxt, KoinX, Morph Electric, Hypergro, and UGX, all building transformative technologies for the future.
