An investment in Bengaluru-based Asteria Aerospace, a robotics and artificial intelligence business, has been made public by European investment group Boundary Holding.

1. Rajat Khare founder of Boundary Holding
invests in AI startup: Rajat khare Linkedin
An investment in Bengaluru-based Asteria Aerospace, a robotics and artificial intelligence
business, has been made public by European investment group Boundary Holding.
Nihar Vartak and Neel Mehta founded Asteria, a robotics and AI business that offers customised
unmanned aerial platforms to the military, law enforcement, mining, construction, and oil
industries. Asteria's drone-based solutions provide operational workflows with seamless
integration and actionable analytics from aerial data.
The product lineup of Asteria Aerospace consists of the fixed-wing drone Cygnus, the multi-rotor
drone A400, and Genesis, a software stack for drone control and fleet management. Asteria has
acquired some fascinating clients as a result of the product catalogue, including Indian paramilitary
organisations, state police forces, and foreign businesses in addition to a sideways range of
industrial clients and applications.
Since the device established a specialised market, or niche as you can say, for itself in the domestic
and international markets, drones have demonstrated enormous potential. Taking into account the
technology's accessibility, user-friendly interface, and integration potential with numerous other
technologies like measuring devices, cameras, or even load carriers.
"We are delighted to include Asteria Aerospace in our portfolio of AI investments. Rajat Khare,
the founder of Boundary Holding, said, "I think Asteria Aerospace is well-positioned to fly further
with this association.
The investment was made shortly after money was invested in the Singapore-based facial
recognition business XRVision. Boundary Holding seeks to build a comprehensive portfolio of
businesses that provide outstanding AI solutions to many industries by investing in various facets
of the AI value chain. Boundary Holding may be able to capitalise on the potential of AI-based
Video Content Analytics and actionable drone intelligence thanks to the parallel investments in
Asteria and XRVision. This is a field that is attracting considerable interest from international
markets in terms of both investment trends.
About Boundary Holding
Boundary Holding is a Luxembourg- and France-based European new-age technology fund that
makes investments in Angel and Venture capital funds in a variety of Artificial Intelligence sub-
sectors. Rajat Khare, a businessman and venture capitalist, founded Boundary Holding, which
primarily serves as a Bridge Investment for startups and organisations. Boundary Holding has a
network of startup programmes worldwide and more than $200 million in committed capital spread
among numerous organisations worldwide.

2. The organisation aims to invest in the capital-efficient business models of tech entrepreneurs and
invest in businesses that are setting the pace for the AI revolution.