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e-con Systems, a US-based supplier of embedded imaginative and prescient programs, has introduced in $13 million in funding from GR 2022 Holdings. The firm plans to make use of the funding to develop its operations within the US and globally.
e-con Systems additionally plans to make use of the funding to assist investments in constructing modern and state-of-the-art services for imaging, autonomous cell robots (AMRs), autonomous purchasing and mobile and molecular imaging core laboratories.
“We are pleased to announce our recent funding from GR 2022 Holdings Inc, which will significantly enhance our growth trajectory and bolster our ability to drive innovation in the embedded vision market,” Ashok Babu Kunjukkannan, co-founder and president of e-con Systems, mentioned. “We are committed to harnessing the power of cutting-edge technology to enable machines to perceive and comprehend the world around them.”
The firm was co-founded by Babu Kunjukkannan, Harishankkar Subramanyam and Maharajan Veerabahu in 2003. It has partnerships with a number of host platform suppliers like NVIDIA, NXP, Qualcomm and extra. e-con Systems additionally works with sensor makers like Sony, Onsemi and Omnivision.
“e-con Systems is a company with an amazing team of engineers and products that are used by leading companies worldwide,” Radhakrishnan Gurusamy of GR 2022 Holdings Inc mentioned. “The company has a strong culture of innovation that has enabled them to be at the forefront of the latest cutting-edge technology.”