India, May 27 -- AI-based manufacturing startup Frinks AI has raised $5.4 Mn (around INR 46.10 Cr) in a Pre-Series A funding round led by Prime Venture Partners.

The round also saw participation from the company's existing backer Chiratae Ventures, along with Navam Capital and Zen Technologies founder Ashok Atluri.

The Bengaluru-based startup plans to deploy the fresh proceeds to expand its footprint in the US market and invest in research and development.

Additionally, it is looking to partner with multiple automation companies and original equipment manufacturers (OEMs) for a joint go-to-market initiative.

"Frinks AI is at the forefront of this transformation, helping manufacturers worldwide become more competitive, resilient and fu...