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

EntrackrEntrackr · 2h 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.

Related News

Marine robotics startup EyeROV raises $1.2 Mn in pre-Series A

EntrackrEntrackr · 1y ago
Marine robotics startup EyeROV raises $1.2 Mn in pre-Series A
Medial

Marine robotics deep-tech startup EyeROV has raised INR 10 Crore (about $1.2 million) in a pre-Series A round led by Unicorn India Ventures. The company had previously raised $788K from GAIL and others. The funds will be used to strengthen its geographical expansion into international markets and develop advanced marine robotics products and solutions, EyeROV said in a press-release. Co-founded in 2016 by Johns T Mathai and Kannappa Palaniappan P, EyeROV is a deep-tech company which is specialized in marine robotics and AI. The Company aims to empower industries such as energy, maritime, defense, and infrastructure through its cutting-edge unmanned technologies. According to the Kochi-based company, it has introduced commercial underwater drones/ROVs and launched an unmanned surface vehicle (USV) that provides solutions in both India and the MENA region. EyeROV also manufactures solutions for infrastructure inspections and collaborating with defense R&D labs and forces through the Innovations for Defence Excellence (IDEX) initiative to develop maritime intelligence, surveillance, and reconnaissance (ISR) solutions. EyeROV claims that it serves prominent clients including Tata, Adani, BPCL, DRDO, and the Indian Coast Guard, having completed over 100 underwater inspections. It intends to triple its revenue by the end of the financial year by boosting sales in both domestic and international markets.

Deeptech robotics startup Perceptyne raises $3 Mn in seed round

EntrackrEntrackr · 1y ago
Deeptech robotics startup Perceptyne raises $3 Mn in seed round
Medial

Perceptyne, a deep tech AI-first robotics startup, has raised $3 million in its seed round co-led by Endiya Partners and Yali Capital with participation from Whiteboard Capital and notable angels. The proceeds will be used to ramp up product development, customer acquisition, and growth. The firm is working closely with manufacturing giants in automotive and electronics. Founded by Raviteja Chivukula, Jagga Raju Nadimpalli, and Mrutyunjaya Nadiminti, Perceptyne’s products are designed to perform tasks demanding human-like dexterity, such as product assembly & packaging. To accomplish this, the startup is building a vertically integrated full-stack robotics platform centered around AI. Its flagship products, PR-34D and PR-9D, are dual-arm and single-arm robots with integrated computer vision & AI, multi-modal sensing, and highly articulate end-effectors suited for manufacturing/assembly line applications. According to the startup, its integrated approach will help manufacturing companies accelerate robotic automation efforts by dramatically reducing integration time (quarters to weeks) and implementing automation without changes to their assembly lines.

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