Sharechat co-founders Farid Ahsan and Bhanu Singh, who left the social media firm in January this year, have raised $3 million in seed funding for their new startup General Autonomy.
Ahsan announced the development on X (formerly Twitter).
Venture capital firms India Quotient and Elevation Capital have led the round with participation from angel investors like Zetwerk co-founder Srinath Ramakkrushnan, Livspace co-founder Ramakant Sharma and ShareChat co-founder and CEO Ankush Sachdeva.
“With a vision to make mass manufacturing agile and distributed like software development, we’re in Bengaluru but working globally,” said Ahsan.
“Join us on this thrilling journey as we build AI driven machines to automate the toughest parts of labour workflows in factories. P.S. If you’re as passionate about robotics as we are, reach out, connect, and let’s build something extraordinary together,” he added.
Ahsan and Singh have joined the ranks of several growth stage companies where co-founders or top level executives left the company and managed to raise capital for their new startup.