Tooliqa will use the funds to accelerate research & development, product development, and build infrastructure for manufacturing.
New Delhi, 27th August 2021: Tooli.qa, a visionary deep tech startup, built on the pillars of computer vision, deep learning, and 3-D has raised $1.5 million in pre seed funding led by Aditya Raj and Dipak Singh, both of whom have successfully built, scaled and recently exited a tech based research business (strategic acquisition by Schlesinger Group in 2020), Tooli.qa’s core founding team includes Deepak Bansal, Dilip Singh, Raj Gupta who also participated in the round along with the Founders and angel investors.
Founded in 2021, Tooli.qa goes deeper into advanced machine learning keeping their central focus on deep learning, computer vision, and 3D. The idea behind this striking vision is to make 3D and computer vision accessible to all industries and as many domains as possible. Mainstreaming sophisticated technology such as these requires a forward-thinking, future-proof strategy backed by an experience-rich team, all of which Tooli.qa has inhouse capability.
“Most of the companies in computer vision today are piggybacking on existing off the shelf hardware, which leads to inaccuracies and heavy dependencies for optimization and performance on the software. Our approach is built on R&D and investing heavily on engineering a custom camera and driving accuracies through multi-sensors and LiDAR fusion”, said Aditya Raj.
Tooli.qa heavily integrates a design-first approach with strong tech backing and is creating diverse products catering to businesses and the end-users. Their big bet on 3D and computer vision leveraging on deep tech in building the prototype product speaks volumes of their belief in their abilities and complements their spirit to democratise technology, especially the 3D world, and make it accessible to everyone.
Currently, Tooli.qa is focused on building exciting products in the B2B and Ed-tech space. Both these products focus on the world of design where business problems are addressed and effectively solved and k-8 ed-tech products bring together and promote creativity, design and learning for the young minds. The team believes that there is only one way to control a product’s experience- to design it and to build it from start to finish.
“Having in-house capability from Industrial Design, Embedded Computer Vision and Deep Learning, to Back and Front End Development, gives us a lot of freedom to play around and pivot as we need. We are a young and ambitious team which thrives on pure engineering challenges and found the perfect business case to deploy our learnings”, says Raj Gupta – partner and VP at Tooli.qa, PhD from IIT Madras leading the Computer Vision vertical.
With a vision to contribute to Industrial Revolution 4.0, the innovative products of Tooli.qa add significant value every step of the way, as Tooli.qa manifests imaginations riding over pure engineering, deep tech, computer vision and realises it all in 3D. The ideologies and innovations are centred around one common theme – Enhancing User Experience. This belief and strategy to create, design and launch disruptive products makes Tooli.qa a force to be reckoned with in coming times.
