AutoVRse Raises $2.4M from Singularity AMC, Lumikai to Scale Industrial AI Across Manufacturing, Pharma, Energy and Healthcare

• Fundraise co-led by Singularity AMC and existing investor Lumikai to accelerate AI transformation across manufacturing, pharma, energy and healthcare.
• Through its own proprietary platform, AutoVRse transforms complex industrial knowledge to power downstream AI applications, including VR training, digital twins, and agentic guidance for frontline workers. 
• The company serves 20+ Fortune 500 companies globally, derives roughly half of its business from outside India, and has hit $8M ARR within 12 months of global product roll-out and growing 250% YoY.

AutoVRse, India’s fastest-growing industrial AI transformation platform, today announced a $2.4 million funding round, co-led by Singularity AMC's Large Value Fund III and Early Opportunities Fund, and existing investor Lumikai, India's leading interactive media, digital platforms and games VC.

AutoVRse deploys VR-based training and smart glasses-enabled field guidance across manufacturing, pharmaceuticals, energy and healthcare. The company serves 500,000+ users at more than 50 enterprise customers across North America, Europe, the GCC and India, including Amazon, Shell, ADNOC, Exxon Mobil, Bosch, NTPC, HDFC Bank, UltraTech Cement, JSW Steel, Tata Power, Vedanta, Hindalco, Godrej, Torrent Power, Welspun, Intas and Abbott. The company has crossed $8M ARR within 12 months of global product roll-out, with roughly half of its business coming from outside India and revenue growing at 250% year-on-year.

At AutoVRse, we have spent a decade building training content for frontline workers. We've amassed the most accurate digital representation of how physical work gets done. The same way self-driving cars were first trained inside video games and 3D simulations before they hit the road, the AI that powers high-precision industries is being trained inside digital twins built on VRseBuilder. We're grateful to Singularity AMC for backing this vision, and to Lumikai, who've believed in this bet for years. – said Ashwin Jaishanker, Co-Founder and CEO, AutoVRse.

For decades, industrial companies have relied on a small number of highly experienced workers to operate critical equipment, troubleshoot complex problems and maintain safety standards. As workforces grow and experienced employees retire, much of that institutional knowledge risks being lost. AutoVRse has solved that exact problem – and this funding arrives at a moment of accelerating global demand for Physical AI, the application of artificial intelligence to the workflows of complex industries where accuracy, safety and real-time access to expertise are critical. Deloitte, the World Economic Forum and Constellation Research have each identified Physical AI as the defining enterprise AI shift of 2026, with manufacturing, logistics and healthcare leading adoption.

AutoVRse is creating real impact with AI on the factory floor and in pharma labs, and that is what the investment thesis is built on. The company operates at the intersection of AI and the global manufacturing revolution. We believe this is how the world will train and operate its industrial workforce over the next 10 years. AutoVRse sits at the edge of a massive, largely untapped market, and we believe the growth from here will be extraordinary, – Yash Kela, Founder & Chief Investment Officer, Singularity AMC.

AutoVRse’s proprietary platform, VRseBuilder, captures expert workflows and converts them into machine-readable operational data. By transforming institutional knowledge into a structured format, enterprises can power a wide range of downstream AI applications – from remote assistance and digital twins to VR training and real-time agentic guidance for frontline workers. Years of capturing high-risk industrial workflows across global enterprises have created an operational data layer that is difficult to replicate. The platform is already deployed at scale:

A global pharmaceutical leader has consolidated 72 different VR vendors onto the AutoVRse-built platform.

A global healthcare major now supports 5,000+ field service engineers with AI-assisted guidance via AutoVRse’s smart-glasses product.

JSW Steel began with a single conveyor-belt safety module, and has since expanded to dozens of additional modules at more than 50 plants - across their Paints, Cement, Mines and Energy verticals.

“AutoVRse has helped us build a more uniform, immersive and data-driven approach to workforce training at scale. Our data shows that workers who have completed VR training modules have not been involved in safety incidents for 12 months after, which is a significant outcome for our operations.” said K. Kiran Kumar, Group Head – Safety, JSW Group.

The capital will be deployed to accelerate product development across critical industries, deepen integrations with customer infrastructure, and scale go-to-market efforts across North America, where AutoVRse is already running deployments with several Fortune 500 customers, and sees its largest near-term growth opportunity. The company also plans to expand further in Europe, the GCC and India.

“We're thrilled to deepen our partnership with AutoVRse as they build out cutting-edge AI and VR infrastructure for Fortune 500 enterprises. With VRseBuilder, AutoVRse has demonstrated how immersion, participation and personalisation are finding consequential real-world applications across industrial training in warehouses, labs, plants and field operations of high-precision industries such as pharma, life sciences, manufacturing and petrochemicals, globally. We're excited to back Ashwin, Adarsh and the team as they make immersive AI the operating layer for global industry.” said Aditya Deshpande, Principal, Lumikai.




About AutoVRse

AutoVRse (TDW Technologies Pvt Ltd) delivers AI-powered training and real-time field guidance for high-precision industrial operations. Founded in 2016 by Ashwin Jaishanker and Adarsh Muthappa, and headquartered in Bangalore, the company captures verified operational knowledge from domain experts, structures it into machine-readable data, and deploys it through VR training, AI-powered smart glasses and mobile applications. AutoVRse serves a global enterprise customer base including multiple Fortune 500 companies and has trained over half a million workers worldwide. For more information, visit https://www.autovrse.com/

About Singularity AMC

Singularity AMC is a growth to late-stage focused private equity fund. The fund is led by some of India's most distinguished investment professionals, with over three decades of experience across sell-side and buy-side mandates in the Indian capital markets, and involvement with leading institutions including SIDBI's Fund of Funds for Start-ups, FICCI, the Confederation of Indian Industry (CII) and Plaksha University.

About Lumikai

Lumikai, combining the Latin word for 'light' with the Japanese word for 'tribe', is India's pioneering interactive media, digital platforms, and games VC. The fund backs early-stage founders building interactive media and digital platforms (streaming, social entertainment, audio, micro-dramas), driving innovation in games, developing cutting-edge technology (AR/VR, spatial computing, AI), and harnessing interactive mechanics to transform consumer experiences in education and skill development.

The firm has backed category-leading companies including EloElo and Story TV (India's #1 social entertainment and short drama platform), Supernova (Top 5 educational apps in India), AutoVRse (India's fastest-growing industrial AI transformation), Bombay Play (building casual games for the global market), among many others.

As a seed-stage investor, it also runs Lumikai Pixels, its pre-seed program for founders in their - 1 to 10 journey of building the next generation of interactive platforms. For more information, visit https://www.lumikai.com/

Honeywell Unveils Commercial Launch of AI-Powered Control Room Assistant Following Successful Pilot

Honeywell (NASDAQ: HON) today announced the commercial launch of Experion Operations Assistant, an AI-powered solution designed to transform how industrial operators monitor plant performance, make critical decisions and respond to alarm incidents before they happen.

Built on Honeywell’s flagship distributed control system, Experion PKS, Experion Operations Assistant merges historical data with real-time operational insights to allow operators to forecast and respond to potential critical scenarios associated with unsafe operations and production losses. The solution aims to bridge the gap between autonomous technologies and control room operators.

The commercial launch follows the recent pilot program during which Chevron and TotalEnergies were among the partners who leveraged Honeywell’s Experion Operations Assistant in their operations to help minimize unplanned downtime. In its pilot phase, the AI-powered assistant made predictions an average of 5-10 minutes before alarm incidents would have happened, enabling operators to quickly implement corrective actions and avoid potential events.

“Industrials are under pressure to avoid unplanned downtime and maximize the productivity of existing assets, while navigating the massive knowledge transfer of a retiring workforce,” said Jim Masso, president and CEO of Honeywell Process Automation. “By combining more than 50 years of process automation expertise with site-specific knowledge, data and advanced AI, Experion Operations Assistant helps operators anticipate issues earlier, respond with confidence and operate more safely and effectively. Throughout our pilot phase, Experion Operations Assistant delivered tangible, real-world results across multiple customer sites, highlighting the immense opportunity as the solution scales.”

As part of Honeywell’s Experion PKS distributed control system network, the Honeywell Experion Operations Assistant is designed to seamlessly integrate into existing control room environments, leveraging the systems already in place and building on the legacy site-specific data. The solution is centered upon its capability to capture site-specific knowledge and then use language models to analyze this data in real-time in order to proactively advise operators of impending issues.

For more information on Honeywell Experion Operations Assistant, visit Honeywell.com.

About Honeywell:

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter and safer as well as more secure and sustainable.

Honeywell Unveils Innovative AI Assistant for Industrial Operators in Honeywell Forge Production Intelligence

Honeywell (NASDAQ: HON) today announced the latest release of Honeywell Forge Production Intelligence, which seamlessly integrates performance monitoring with a new generative AI assistant to help operators and production managers automate tasks and troubleshoot problems.

By leveraging advanced generative AI models, the platform’s new Intelligent Assistant is designed to enhance user experience by allowing engineers, plant managers and business leaders to access key insights through simple, natural language prompts. The tool will also enable industrials to visualize, trend, and troubleshoot production issues from Key Performance Indicator (KPI) deviation contributors and asset relationships.

“As the industry continues to wrestle with the loss of expertise through higher rates of attrition and the challenges of onboarding new talent, it is good to see the incorporation of generative AI copilots, like Honeywell’s Intelligent Assistant, that help to make it easier and faster for users of varying experience to get critical insights about the status of their production operations," said ARC Advisory Group’s Director of Research, Mark Sen Gupta. "Such scalable and replicable solutions are invaluable for companies grappling in a fast-changing business environment.”

The cloud-native platform merges performance monitoring with advanced analytics, enabling rapid root cause analysis of production issues. With the addition of the Intelligent Assistant, users can now summarize deviations and overall insights quicker and more effectively. The capability not only enhances AI insights with greater explainability and usability but also supports closed-loop collaboration workflows with case management integration.

“Honeywell Forge Production Intelligence represents a significant step forward in making data-driven insights accessible to engineers and industrial business leaders globally,” said Pramesh Maheshwari, President of Honeywell Process Solutions. “We understand the challenges faced by our customers and believe that by leveraging generative AI, we can help assets work harder, people work smarter, and systems more efficient.”

Honeywell Forge Production Intelligence is part of Honeywell’s recently announced suite of AI-enabled solutions for industrials which also includes Experion Operations Assistant and Field Process Knowledge System.

For more information on the Honeywell Forge Production Intelligence, visit Honeywell.com.

About Honeywell:

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Siemens and NVIDIA Deepens Collaboration for Industrial Metaverse

• New product connects Siemens Xcelerator with NVIDIA Omniverse Cloud APIs to build collaborative, real-time, physically based visualization driven by generative AI
• At NVIDIA GTC, Siemens and NVIDIA will join with HD Hyundai to highlight how integrated visualization helps offer greater understanding and insights

Siemens has just announced that it will deepen its collaboration with NVIDIA to help build the industrial metaverse. The industrial metaverse is the concept of a digital world to mirror and simulate real machines and factories, buildings and cities, grids and transportation systems. By seamlessly integrating technologies like cloud and edge computing, industrial AI and digital twins, the industrial metaverse can optimize processes and drive sustainable practices, ultimately shaping the future beyond simulation.

Siemens is bringing immersive visualization powered by new NVIDIA Omniverse Cloud APIs to the Siemens Xcelerator platform, driving increased use of AI-driven digital twin technology. At the NVIDIA GTC, Siemens and NVIDIA demonstrated how generative AI can revolutionize the visualization of complex data, making photorealism possible, and showcased how sustainable shipbuilder HD Hyundai can use it to develop new products.

“We will revolutionize how products and experiences are designed, manufactured and serviced. On the path to the industrial metaverse, this next generation of industrial software enables customers to experience products as they would in the real world: in context, in stunning realism and – in the future – interact with them through natural language input,” said Roland Busch, President and CEO of Siemens AG. “In collaboration with NVIDIA, we will bring accelerated computing, generative AI, and Omniverse integration across the Siemens Xcelerator portfolio.”

“Omniverse and generative AI are driving massive transformation for industrial enterprises,” said Jensen Huang, founder and CEO of NVIDIA. “Siemens is bringing NVIDIA platforms to their customers and opening new opportunities for industry leaders to build the next wave of AI-enabled digital twins at every scale.”

In the next phase of this collaboration, Siemens will release a new product later this year for Teamcenter® X, Siemens’ industry-leading cloud-based Product Lifecycle Management (PLM) software, part of the Siemens Xcelerator platform. Powered by NVIDIA Omniverse technologies, it will provide engineering teams with the ability to create an Ultra-intuitive, photorealistic, real-time, and physics-based digital twin that eliminates workflow waste and errors.

Setting up and adjusting details in photorealistic renderings – such as material definitions and lighting environments, along with other supporting scenery assets – will be accelerated dramatically using generative AI. Tasks that previously took days can be completed in hours, with engineering data contextualized as it would appear in the real world. In addition to engineering, other stakeholders – from sales and marketing teams to decision-makers and customers – will benefit from the deeper insight and understanding of real-world product appearance, enabling more informed and quicker decision-making.

In collaboration with NVIDIA, Siemens demonstrated the creation of real-time, photorealistic visualization for HD Hyundai, a market leader in sustainable ship manufacturing. HD Hyundai has been developing ammonia- and hydrogen-powered ships, a complex process requiring oversight of ships that can contain over seven million discrete parts. HD Hyundai can use the new product to unify and visualize these massive engineering datasets interactively.

“We have long trusted Siemens Teamcenter for product lifecycle management. Based on this trust and through this new collaboration, we will be able to visualize and interact with the digital twin of ships while utilizing generative AI to create objects and HDR backgrounds for better understanding of projects in context. This will be beneficial in many ways, as it will reduce errors, improve customer experience, and also save time and cost,” said Taejin Lee, Chief Information Officer & Chief Digital Officer, HD Hyundai.