YC-backed AI startup Pivot Robots raises funding from NuVentures

Early-stage investor NuVentures has backed US-based AI startup Pivot Robots, founded by Carnegie Mellon graduates Siddharth Girdhar and Vignesh Rajmohan. Pivot Robots uses AI vision control software to automate industrial robots, addressing labor shortages in US manufacturing, with its first product targeting metal part grinding. The startup, also funded by Y Combinator and a US-based fund, aims to automate labor-intensive tasks in the castings industry. NuVentures' support extends to customer and talent acquisition in the US and India. Founded by Venk Krishnan, NuVentures has backed over 40 firms, including Mu Sigma and Acko.