Phygital twin deeptech startup Twyn has successfully raised $1.25 million in a pre-Series A funding round, with JITO Incubation and Innovation Foundation (JIIF) and ah! Ventures leading the investment. Noteworthy participation also comes from HEM Angels, Bestvantage, and Beej Network.
The company plans to allocate these funds towards its expansion into the Middle East and Europe, specifically targeting auto, petrochemicals, and steel hubs. Additionally, Twyn aims to fortify its leadership team in both India and Dubai to bolster its growth strategies and market outreach.
Founded by Avi Dahiye, Twyn caters to various sectors such as auto, oil and gas, steel, pharmaceuticals, FMCGs, and smart city projects, empowering these enterprises to implement sophisticated digital twins for enhanced operational efficiency.
Headquartered in Noida, the startup specializes in creating phygital twins that seamlessly integrate digital twin insights back into the physical environment. This integration allows for real-time optimization of machinery, inventory, and human resources, particularly benefiting manufacturers seeking streamlined processes and performance enhancement.
Among Twyn's esteemed clientele are prominent names like HP, Samsung, Panasonic, P&G, Uno Minda, and JBM Group, showcasing the company's impactful presence across diverse industry verticals.
