SRI Capital invests in camera tech startup DreamVu
SRI Capital, an early stage venture capital firm, on Friday announced that it has made a strategic investment of an undisclosed amount into a camera...
Hyderabad: SRI Capital, an early stage venture capital firm, on Friday announced that it has made a strategic investment of an undisclosed amount into a camera technology start-up, DreamVu. The start-up is a spinoff from the International Institute of Information Technology (IIIT), Hyderabad, making it the second company that SRI Capital has backed from the institute. Headquartered in the US and based in Hyderabad, DreamVu is the brainchild of Rajat Aggarwal and Rohan Bhatial, and it is driven by a team of computer vision, software, hardware engineers and scientists.
The startup has developed a power and cost-efficient omnidirectional camera platform inspired by human binocular vision and perception. It helps in providing augmented navigation capabilities and a full scene-understanding of unconfined and dynamic environments to autonomous robots. Jay Krishnan, Partner at SRI Capital, said, “SRI Capital is committed to backing start-ups with IP in areas that form the frontiers of new technologies. We were thrilled to see DreamVu's solution with an optics- first approach that allows sensors and optics to disrupt value chains long powered by electronics and software.