Hyderabad: DreamVu, the IIIT-H incubated startup that raised an undisclosed amount last week from SRI Capital, is looking to ship its products to early adopters as development kits in the global markets shortly, said Rajat Aggarwal, Chief Executive Office and Co-founder, DreamVu.
Set up last year by Aggarwal and Rohan Bhatial, both graduates from International Institute of Information Technology (IIIT), Hyderabad, DreamVu has developed an omni-directional camera hardware and software platform for unifying human and machine vision. This 3D camera technology will find a use in robotics, drones, indoor mapping, virtual and augmented realities, autonomous driving and navigation applications.
“Our platform, which is based on the human binocular vision, gives depth views and helps the robot to understand the scenario better for a more precise action,” said Aggarwal. DreamVu also has an office in the US. It has 25 members in the team from varied domains like engineering, computer vision, product development, machine learning and others.
DreamVu’s products capture the data with minimal procession and have lower power requirements. “Our technology will help in scaling up current autonomous systems,” he said adding that it is selling to and partnering with system integrators in the autonomous guided robotics landscape.
This project was a thesis at IIT-H and later it was nurtured into a startup. The company has already filed ten patents, he said adding that DreamVu platform’s output enables live VR streaming and preview, seamless localization and mapping and object tracking.
The startup was part of Avishkar Deep Tech Accelerator at IIIT-Hyderabad Foundation.
“SRI Capital is committed to backing start-ups with IP in new technologies. DreamVu is well positioned to transform the autonomous guided space with its product- portfolio,” said Jay Krishnan, Partner at SRI Capital, in a statement.