News on Medial

Related News

Deep-tech robotics startup Armatrix raises $2.1 Mn led by pi Ventures

EntrackrEntrackr · 3d ago
Deep-tech robotics startup Armatrix raises $2.1 Mn led by pi Ventures
Medial

https://entrackr.com/snippets/deep-tech-robotics-startup-armatrix-raises-21-mn-led-by-pi-ventures-11152392 Deep-tech robotics startup Armatrix raises $2.1 Mn led by pi Ventures The proceeds will be used to complete the development of its proprietary snake-like flexible robotic arm technology, expand the engineering and R&D team, and accelerate pilot deployments. Deep tech robotics startup Armatrix has raised $2.1 million in a pre-seed funding round led by pi Ventures, with participation from Inuka Capital, Boundless Ventures, Boost VC, Turbostart, and returning investor gradCapital. The proceeds will be used to complete the development of its proprietary snake-like flexible robotic arm technology, expand the engineering and R&D team, and accelerate pilot deployments with industrial customers, the company said in a press release. Co-founded in 2024 by Vishrant Dave, Prateesh Awasthi, and Ayush Ranjan, Armatrix develops snake-like, hyper-redundant robotic manipulators designed to operate in hazardous and confined industrial environments. The Bengaluru-based company aims to automate operations in hazardous and confined environments across sectors such as shipbuilding, nuclear, oil and gas, and aviation, where fatal injuries related to confined space work have been reported. Inspection and maintenance of critical infrastructure such as storage and fuel tanks, hulls, and reactors often require human entry into dangerous spaces. According to market research, the global robotics maintenance market was valued at $41.66 billion in 2023 and is projected to reach $150 billion by 2032. Armatrix's core technology focuses on reachability and actuation systems. Its robotic arm features high flexibility for seamless navigation, modular end effectors, and an AI-based navigation system that enables real-time adaptability. "Our mission is to move from a reactive, high-cost maintenance model to a proactive, zero-downtime standard, creating a paradigm shift in industrial inspection and maintenance. This funding enables us to scale from proof of concept to early adopters and validate the platform across real-world inspection and operational use cases," said Vishrant Dave, co-founder and CEO of Armatrix Automations. Looking ahead, Armatrix aims to emerge as a globally competitive deep tech robotics company, building AI-native, high-performance robotic systems that set new benchmarks in safety, precision, and efficiency for mission-critical industrial operations.

Quintrans raises $750K in pre-seed round led by Capital-A

EntrackrEntrackr · 2m ago
Quintrans raises $750K in pre-seed round led by Capital-A
Medial

Quintrans raises $750K in pre-seed round led by Capital-A Quintrans, a deep tech engineering startup developing India-built direct-drive linear motion systems for industrial automation, robotics, and equipment manufacturing, has raised $750K in a pre-seed funding round led by Capital-A along with participation from Sumeet Kabra of RR Global, SanchiConnect, AIC-Pinnacle, existing partner IIMA Ventures, and others. The proceeds will be used to establish an in-house manufacturing and advanced testing facility in Pune, accelerate R&D across electromagnetic actuation, and build the core engineering and operations team required for commercial rollout, Quintrans said in a press release. Co-founded in 2021 by Pranay Luniya, Kartik Kulkarni, Aniruddha Atigre, and Prasanna Kadambi, Quintrans is a deep tech engineering company developing direct-drive electromagnetic linear motion systems for industrial applications. Its technology enables frictionless, high-speed, and ultra-precise motion for robotics, warehouse automation, and manufacturing environments. As per market research, India manufactured and sold roughly 6.8 million actuators in FY 2022, a figure expected to cross 10–11 million units by FY 2026, driven by automotive, industrial automation, HVAC, and marine applications. According to the Pune-based startup, its design and manufacturing model unlocks cost efficiency, tailored deployments, and assured service. They take an engineering-first approach, developing the hardware and control electronics in-house so customers get a complete, integrated solution. Quintrans is part of MaXcel, the hardware and industrial technology accelerator run by Capital-A and SanchiConnect, supporting startups building engineering-led manufacturing solutions.

iHub Robotics raises Rs 4.3 Cr in pre-Seed round

EntrackrEntrackr · 11m ago
iHub Robotics raises Rs 4.3 Cr in pre-Seed round
Medial

iHub Robotics raises Rs 4.3 Cr in pre-Seed round Humanoid robotics startup iHub Robotics has raised Rs 4.3 crore (about $520K) in a pre-seed funding round from U.S. investors. The company had previously raised $20 million in the same round in Oct. 2023. The fresh capital will be utilized to establish humanoid robotics manufacturing facilities in Kerala, reinforcing its vision to make India a global leader in robotics and AI-driven automation, iHub Robotics said in a press release. Co-founded in 2021 by Athil Krishna, Akhil K Haridasan, and Sarath S, iHub Robotics provides intelligent robotics solutions that are revolutionizing the way businesses operate. It aims to transform industries with cutting-edge technology, enabling them to enhance productivity, reduce costs, and improve efficiency. iHub Robotics states that it has already made a significant international impact, exporting its semi-humanoid robot, Tara Gen-1, to the UAE and Saudi Arabia. Tara Gen-1 is the most advanced semi-humanoid robot in India, built with cutting-edge AI and robotics technology. It is designed to operate in hospitality, healthcare, airports, railway stations, and various customer service roles, enhancing efficiency and automation in these industries. Tara Gen-1 leverages advanced human behavior intelligence, allowing it to recognize and respond to human emotions, engage in natural conversations using AI-powered speech recognition, and adapt to different environments with real-time decision-making. It assists customers with navigation, inquiries, and personalized service, functioning seamlessly in multi-language settings. According to the Kerala-based company, it is also committed to empowering the next generation of AI and robotics innovators. The company has launched the iHub School of Learning, a platform dedicated to educating and training students in AI and robotics, with a mission to empower 100,000 students with future-ready skills in deep-tech. iHub Robotics also expects to create over 150 jobs in the next two years, contributing to India’s deep-tech ecosystem.

Download the medial app to read full posts, comements and news.