SmartGateVC invests in Tactun, pioneering the connection of intelligence to the physical world through no-code controllers for smart manufacturing

May 8, 2024
2 min read

We are thrilled to announce our investment in Tactun, the world's first full-stack no-code controller solution connecting intelligence to the physical world for smart manufacturing. As multimodal large language models (LLMs) continue to develop, Tactun's innovative technology is poised to revolutionize the way these models are used in controlling and operating physical systems.

Ashot Arzumanyan, partner at SmartGateVC, said, "We are excited to join Rafayel and the team to pave the way for the future of smart manufacturing. By connecting intelligence to the physical world, Tactun's no-code controller solution will significantly reduce reliance on expensive coding resources, accelerate deployment times, and unlock a wave of innovation in manufacturing. As multimodal LLMs continue to develop, Tactun's technology will be essential in bridging the gap between these models and the physical world."

The global industrial controller market is estimated to reach USD 23.2 billion by 2025, with the no-code controller market in smart manufacturing being a nascent space with significant potential for growth. Tactun's no-code controller solution will democratize automation and empower manufacturers to build complex physical systems without the need for electronic and software engineering expertise.

Rafayel Ghasabyan, CEO & co-founder of Tactun, said, "We are thrilled to partner with SmartGateVC as we continue to develop our no-code controller solution. Our technology is designed to connect intelligence to the physical world, enabling manufacturers to leverage the power of multimodal LLMs in designing, controlling and operating their systems. We look forward to working with SmartGateVC to bring our solution to market and drive the future of smart manufacturing."

Tactun was founded in 2017 by Rafayel Ghasabyan, Arev Hambardzumyan, Ani Artenyan and later Vahe Momjyan joined as a co-founder. Tactun has been bootstrapped to date, with this investment from SmartGateVC being its first external financing. The founding team started their first venture together back in 2011 and continued working on various products over the last 13 years. TestResources, Indian Oil Corporation, JAXA, Bechtel, ThermoFisher Scientific, METAS, Boeing, Lockheed Martin, GE and others trusted them to build products and solutions.

About SmartGateVC
SmartGateVC is a California and Armenia-based pre-seed venture capital firm backed by seasoned tech investors, entrepreneurs and professionals. The key focus areas are Artificial Intelligence (AI) infrastructure, AI-enabled SaaS, IoT, and Biotech.