Napino and Teksun unveil Rapidise, a new ventures aiming to accelerate AIoT innovation and manufacturing, with an initial investment of $4 million.
Rapidise Technology, a joint venture between Napino Tech Ventures and Teksun Microsys, is making waves in the AIoT (Artificial Intelligence of Things) industry. With a global presence and a strong focus on vertical integration and AIoT innovation, Rapidise is quickly becoming a leading Original Design Manufacturer (ODM) for startups, SMBs, and enterprises developing next-generation, AI-powered products.
Rapidise has already delivered over one million smart IoT devices and holds $81M+ in booked orders across North America, Europe, the Middle East, and APAC. Their strategic partnership with Qualcomm to co-develop AI-ready connected solutions further cements their position in the market.
The company's infrastructure is fully automated, featuring Japanese SMT lines, AI-powered PCB assembly lines, mechanical tooling, and full box-build assembly infrastructure. This advanced manufacturing setup includes Class 7 clean rooms for PCB assembly and Class 6 clean rooms for camera module manufacturing, enabling them to produce over 20 million units annually.
Rapidise's vertical integration, from PCB design to full product assembly, streamlines development, testing, and large-scale manufacturing efficiently. Their cloud-enabled facilities enhance precision, agility, and speed in delivering products, facilitating rapid innovation in AIoT devices across sectors such as consumer electronics, IoT/Industry 4.0, security, healthcare, and automotive.
The company boasts a team of over 300 R&D engineers and collaborates with leading semiconductor and connectivity companies to integrate advanced AI, connectivity, and edge processing into its platforms. Rapidise offers turnkey delivery for design, prototype, certification, manufacturing, and support, making them a one-stop solution for AIoT product development.
The self-service platform of Rapidise delivers instant quotes for engineering and manufacturing, enabling on-demand ODM services. This platform, along with their commitment to innovation, agility, and a focus on empowering intelligent, high-performance solutions, aligns with their vision to be a world-leading ODM player.
Vaibhav Raheja, the board of director at Rapidise and Jt.MD at Napino Auto, stated that Rapidise unites best-in-class product engineering with scalable manufacturing to accelerate AIoT innovation. Brijesh Kamani, the founder and CEO of Rapidise, echoed this sentiment, stating that their vision is to be a world-leading ODM player, recognized for innovation, agility, and commitment to empowering intelligent, high-performance solutions.
For more information, visit www.rapidise.co.
[1] Rapidise Technology Press Release, "Rapidise Technology Launches Self-Service Platform for On-Demand ODM Services," www.rapidise.co/press-releases
[2] Qualcomm Press Release, "Qualcomm and Rapidise Technology Announce Strategic Partnership to Co-Develop AI-Ready Connected Solutions," www.qualcomm.com/news/onq/2021/03/qualcomm-and-rapidise-technology-announce-strategic-partnership-co-develop-ai-ready
- Rapidise Technology is leveraging data-and-cloud-computing technology to amplify precision, agility, and speed in their AIoT product development, further boosting their investing potential in the finance sector.
- With artificial-intelligence integration, Rapidise Technology's advanced manufacturing setup allows for the production of millions of units annually, enabling them to be a significant player in the finance market by catering to startups, SMBs, and enterprises.
