Lincode Labs raises funds from Come Back Capital

Our Bureau Mumbai | Updated on June 11, 2020 Published on June 11, 2020

AI start-up Lincode Labs has raised undisclosed funds from US institutional investors Come Back Capital and RSCM LLC.

Come Back Capital is a venture capital fund that invests in start-ups located in the nations’ midwest. The investment will be deployed for patent-filing and business expansion.

The start-up has also got funding from the Einfach Group. Lincode Labs utilized the institutional funds for product development, research & development, sales and marketing activities.

Lincode was founded in 2017 by Rajesh Iyengar, CEO, and Ritika Nigam, helps manufacturers inspect the quality of the products they produce and improve the overall efficiency using AI and machine learning techniques.

Scott Shane, Founder and CEO, Come Back Capital said: “Lincode’s ability to leverage best-in-class technology processes and deep tech industry expertise has enabled it to create a niche in the AI space.”

Pratap Krishna, Serial Entrepreneur and Angel Investor, Einfach Group said: “Lincode’s AI vision inspection will soon find its niche in the smart manufacturing industry."

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Published on June 11, 2020
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