Ev2 Ventures/Caret Capital led a US$1 million Seed investment round in Rosh.Ai which saw participation from ThinKuvate as well. Rosh.Ai is a deep-tech company enabling development of vehicle agnostic end-to-end Autonomy Stack that includes advanced mapping, perception, navigation, SoC development, and ADAS solutions, headquartered in Kochi.
Founded in 2021, Rosh.Ai serves as a development partner within the autonomy ecosystem, catering to automotive OEMs (including EVs), seaport and airport operators, and the mining sector. Their autonomy platform facilitates the rapid development of AV prototypes, ADAS and AV test platform, expediting ADAS development and testing. Additionally, they offer vehicle-agnostic autonomy and drive-by-wire retrofit kits that can convert any vehicle into a fully or partially autonomous vehicle.
Rosh.AI targets sea port congestion and mining productivity issues by addressing driver shortages and equipment inefficiencies respectively. In sea ports, where 80% of global logistics flow, driver scarcity leads to delays. Mining faces productivity drops of 15%-20% due to equipment issues. Both sectors seek safer operations, a gap Rosh.Ai aims to fill with autonomous vehicles.
“At Rosh.Ai, our mission is to revolutionize the future of mobility by providing cutting-edge autonomous driving solutions that enhance safety, efficiency, and sustainability in the automotive industry. We strive to be the global leader in autonomous vehicle technology, driving innovation and setting new standards in the industry” said Dr Roshy John, Founder & CEO at Rosh.Ai.
Dr. Roshy John, also known as “The Man who Kickstarted India’s Driverless Car Revolution” by NASSCOM, has over two decades of experience in robotics and artificial intelligence. His extensive expertise, highlighted by 40+ international patents pending, underscores his commitment to innovation and inspiring the next generation of technologists.
“Technology is at the heart of everything we do at Rosh.Ai. We are dedicated to pushing the boundaries of innovation in autonomous vehicle systems, ensuring that our solutions are not only cutting-edge but also practical and scalable. By enabling autonomy transformation, we support our clients in tackling critical challenges on the ground, ultimately driving forward the future of autonomous mobility,” said Rajaram Moorthy, Co-Founder & CTO at Rosh.Ai.
As the Co-Founder and CTO of Rosh.Ai, Rajaram Moorthy complements Dr. Roshy’s vision with his profound engineering acumen and passion for autonomous vehicle technology. With over 20 years of hands-on experience in robotics and artificial intelligence, Rajaram has played a pivotal role in shaping India’s first driverless car revolution. He has three international patents in the autonomy domain.
“We are excited to partner with Rosh.Ai as they continue to push the boundaries of innovation in autonomous vehicle technology,” said Karan Mittal, Managing Partner, Ev2 Ventures/Caret Capital. “With a proven track record and extensive experience in the sector, we are confident in the Founders’ ability to drive positive change in the automotive industry through their revolutionary technology.”
About Rosh.Ai
Rosh.Ai is at the forefront of autonomous technology, developing state-of-the-art ADAS solutions designed to enhance vehicle safety, efficiency, and user experience. The company’s technology leverages artificial intelligence (AI), machine learning (ML), and advanced sensor integration to provide robust and reliable autonomous driving capabilities.
Founded by a team of seasoned engineers and industry experts, Rosh.Ai has quickly gained recognition for its innovative approach to solving complex challenges in the autonomous vehicle space. The company’s mission is to make autonomous technology accessible and affordable, driving the adoption of safer and more intelligent transportation systems.
Cutting-Edge Technology
Rosh.Ai’s ADAS solutions are built on a foundation of sophisticated algorithms and high-performance computing platforms. These solutions enable vehicles to perceive their environment, make real-time decisions, and execute driving tasks with precision.
Key features of Rosh.Ai’s technology include:
- Advanced Sensor Fusion: Integration of data from cameras, LiDAR, radar, and other sensors to create a comprehensive understanding of the vehicle’s surroundings.
- Real-Time Object Detection: High-speed processing for detecting and classifying objects such as pedestrians, other vehicles, and road obstacles.
- Adaptive Cruise Control: Automated speed and distance management to maintain safe following distances on highways.
- Lane Keeping Assistance: Precise lane detection and steering adjustments to keep the vehicle centered in its lane.
- Predictive Analytics: AI-driven insights to anticipate and respond to potential hazards.
These features not only improve driving safety but also enhance the overall driving experience by reducing driver fatigue and increasing vehicle efficiency.
Industry Impact and Market Trends
The autonomous vehicle and ADAS market is witnessing rapid growth, driven by advancements in technology and increasing demand for safer and more efficient transportation solutions. According to industry reports, the global ADAS market is projected to reach billions of dollars in valuation by the end of the decade.
Rosh.Ai’s successful funding round comes at a time when the automotive industry is undergoing a paradigm shift toward electrification, automation, and connectivity. Automakers and technology companies are investing heavily in autonomous driving technologies, recognizing their potential to revolutionize mobility.
With its innovative solutions and strong technological foundation, Rosh.Ai is well-positioned to capitalize on these market trends and play a pivotal role in shaping the future of transportation.
Leadership Perspective
Speaking about the funding round, Rosh.Ai’s CEO and co-founder, [CEO Name], expressed excitement and optimism for the company’s future. “This funding is a testament to the hard work and dedication of our team and the immense potential of our technology. We are committed to pushing the boundaries of what’s possible in autonomous driving and delivering solutions that make a real difference in people’s lives,” [CEO Name] said.
The CEO also highlighted the importance of collaboration and strategic partnerships in driving innovation. “We look forward to working closely with our investors and partners to accelerate our growth and bring our vision to life,” he added.
The Road Ahead
With the new funding secured, Rosh.Ai has ambitious plans for the future. The company aims to:
- Expand R&D Efforts: Invest in cutting-edge research to develop next-generation autonomous solutions.
- Strengthen Market Presence: Increase sales and marketing efforts to reach a broader customer base.
- Enhance Product Portfolio: Introduce new features and capabilities to its ADAS offerings.
- Forge Strategic Partnerships: Collaborate with automakers, technology companies, and research institutions to drive innovation and adoption.
The company’s roadmap reflects its commitment to staying ahead of the curve and delivering exceptional value to its customers and stakeholders.
Conclusion
Rosh.Ai’s successful $1 million funding round underscores the growing demand for autonomous solutions and the company’s potential to be a major player in the ADAS industry. With a strong technological foundation, visionary leadership, and a clear growth strategy, Rosh.Ai is poised to make significant strides in the autonomous driving landscape.
As the company continues to innovate and expand, it will be exciting to see how Rosh.Ai contributes to the advancement of autonomous technology and the transformation of the transportation industry. This funding milestone is just the beginning of what promises to be an incredible journey for Rosh.Ai and its stakeholders.
