Doppelio raises $1.2 Mn in pre-Series A from Axilor and Mela Ventures

IoT test automation platform provider Doppelio has raised $1.2 million in a pre-Series A round from Axilor Ventures and Mela Ventures. 

According to Doppelio, the funds will be used in the product and go-to-market.

Founded in 2019 by Gaurav Johri, Sharmila Saha, and Rajesh Kathirvelu, Doppelio enables the testing of IoT applications without dependence on physical devices. Its device virtualization, simulation and test automation capabilities enable its clients to test comprehensively with speed and reduce their dependence on field trials. 

With Doppelio, companies can test a wide range of functionalities including FOTA, remote command and control and test for performance with up to a million devices.

The company focuses on industries such as automotive, industrial engineering, manufacturing and connected products.

Axilor Ventures invests in early-stage startups across sectors in the supply chain/B2B commerce, enterprise SaaS, healthtech, agritech, fintech, and consumer internet space. Its portfolio companies include Wiz, Locofast, CapGrid, QuickShift, Prolance, GoodHome and Metalbook among others.

Co-founded by Krishnakumar Natarajan and NS Parthasarathy, Mela Ventures provides investment, strategy, innovation, research, networking and other mentorships to startups and next-generation entrepreneurs.