Rapidise Launches with $4M to Boost AIoT Innovation
Napino Tech Ventures and Teksun have launched Rapidise Technology Pvt. Ltd. with $4 million in seed funding, announced in a press release. Rapidise aims to transform the design, engineering, and manufacturing of AI-enabled connected devices at scale.
Rapidise serves as a comprehensive Original Design Manufacturer (ODM) for startups, SMBs, and enterprises developing next-generation AI-powered products. The company not only manufactures but also designs, prototypes, certifies, and manages the full product lifecycle, allowing customers to focus on branding and market strategy.
The company integrates product design and engineering expertise from Teksun with Napino's advanced electronics manufacturing infrastructure in India. This vertical integration supports rapid innovation and high-volume production for sectors such as automotive, healthcare, industrial, and consumer electronics.
Rapidise has already delivered over one million smart IoT devices and holds $81M+ in booked orders across North America, Europe, the Middle East, and APAC. The company operates fully automated manufacturing facilities in India, equipped with advanced technologies to produce complex electronics, including IoT modules, camera modules, and 5G-enabled devices.
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from: Funding
Subscribe to AI Funding Brief
Market report
AI’s Time-to-Market Quagmire: Why Enterprises Struggle to Scale AI Innovation
The 2025 AI Governance Benchmark Report by ModelOp provides insights from 100 senior AI and data leaders across various industries, highlighting the challenges enterprises face in scaling AI initiatives. The report emphasizes the importance of AI governance and automation in overcoming fragmented systems and inconsistent practices, showcasing how early adoption correlates with faster deployment and stronger ROI.
Read more