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Deeptech startup Myelin Foundry secures funding to achieve market consolidation

Shortpedia

Content Team
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Deeptech startup Myelin Foundry has raised $3 Mn in a Series A funding round led by automotive electronics major Visteon Corporation. Existing investors Endiya Partners, Beyond Next Ventures and Pratithi Investment Trust also have participated in the funding round. According to the startup, it will utilise funds to consolidate its platforms and expand into international markets. The startup will also use the funds to build capabilities.