Industrial AI startup Spector.ai raises Rs 58 Cr led by IvyCap Ventures

Bengaluru-based industrial AI startup Spector.ai has raised Rs 58 crore (around $6.7 million) in a fresh funding round led by IvyCap Ventures, with participation from US-based strategic investors.

The capital infusion will be used to accelerate product innovation, expand global enterprise deployments, and strengthen the company’s core AI, knowledge-graph, and agent-based capabilities across industrial reliability and operational performance use cases.

Founded to address the growing complexity of asset-intensive industrial operations, Spector.ai builds AI-powered reliability and performance agents for sectors such as oil & gas, chemicals, manufacturing, utilities, and automotive. Its platform combines industrial domain knowledge with equipment-level intelligence, diagnostics, root-cause analysis, and prescriptive recommendations, enabling enterprises to move beyond siloed monitoring tools and adopt proactive, data-driven operations.

The company’s AI agents help reliability engineers and operations teams prevent failures, improve uptime, optimize throughput and energy efficiency, and reduce lifecycle costs of critical assets. Spector.ai aims to position itself as a system of intelligence embedded into daily industrial workflows.

Headquartered in the US with a strong engineering base in India, Spector.ai integrates with existing industrial systems and focuses on delivering predictive, diagnostic, and prescriptive intelligence at scale for large enterprises.