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Industrial robotics startup Ati Motors raises $20 million in Series B funding
Economic Times
·
6m ago
Medial
Ati Motors, a Bengaluru-based autonomous industrial robotics startup, has secured $20 million in a Series B funding round led by Walden Catalyst Ventures and NGP Capital. The funds will accelerate product development and geographic expansion. Ati Motors, known for its Sherpa Tug robots, operates in several countries and industries, focusing on automotive, electrical, appliance, and aerospace sectors. The company aims to bridge the gap in autonomous robotics performance and expand its North American presence.
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True Ventures, Blume-backed robotics startup snaps up fresh funding
VCCircle
·
6m ago
Medial
Ati Motors, a Bengaluru-based robotics startup, has raised $20 million in a Series B funding round led by Walden Catalyst Ventures and NGP Capital. Existing investors, like True Ventures and Blume Ventures, also participated. Founded in 2017, Ati Motors develops AI-driven autonomous robots for industrial use, similar to self-driving cars. The newly raised capital will support the expansion of its robotic workforce and presence in North America and APAC regions.
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Ati Motors raises $10.85 million in Series A led by True Ventures
Startup News FYI
·
2y ago
Medial
ATI Motors, a startup, secures $10.85 million in a Series A funding round led by True Ventures. The investment will support ATI Motors' growth and expansion in the electric vehicle (EV) market. With the backing of True Ventures, the company aims to further develop its EV technology and make strides in the competitive electric mobility industry.
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Creaegis leads Series C funding in industrial robot maker Haber
VCCircle
·
10m ago
Medial
- Pune-based industrial robotics startup Haber raises $38 million in Series C funding. - The funding round was led by Creaegis and saw participation from existing investors Accel and Beenext. - Haber will use the funds to support its expansion plans and accelerate research and development. - The company helps companies reduce operating costs and automate processes in the manufacturing segment. - This funding round comes three years after Haber raised $20 million in its Series B round.
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Investors powering on robotics startups - The Economic Times
Economic Times
·
27d ago
Medial
In 2024, Indian robotics startups raised $117 million across 41 deals, a significant increase from previous years, reflecting global trends where funding reached $18.6 billion. Key startups like Niqo Robotics, CynLr, and Ati Motors attracted investments due to growth in automation and cost reduction in robotics manufacturing. The synergy with the automotive industry and advancements in electric vehicle technology have facilitated this growth, making robotics adoption more economically viable and efficient.
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ETtech Deals Digest: Startups raise $96.3 million in week to January 25, down 51% on-year
Economic Times
·
6m ago
Medial
Startups raised approximately $96.3 million from January 18 to 25, reflecting a 51.1% decrease from the previous year. This funding was secured through 30 deals, down from 36 last year when the total reached $197 million. Notable deals included Ati Motors securing $20 million, Attentive AI raising $12 million, Deconstruct obtaining $7.5 million, and VuNet Systems acquiring $6.9 million. The data is from Tracxn, highlighting a decline in seed and early-stage investments.
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Dezerv Raises $32 Mn From Premji Invest, Others At A Valuation Of Over $200 Mn
Inc42
·
1y ago
Medial
Dezerv, a wealthtech startup, has received a $20 million investment from Premji Invest in its Series B funding round. Existing investors, including Elevation Capital, Matrix Partners, and Accel Partners, also participated in the funding. Established in 2021, Dezerv claims to have managed assets worth over INR 6,000 crore since its inception.
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Sprinto Raises $20 Mn From Accel, Others
Inc42
·
1y ago
Medial
RegTech startup Sprinto has raised $20 million in Series B funding led by Accel. The funding round also included participation from existing investors Elevation Capital and Blume Ventures. Sprinto, founded in 2020, provides enterprises with automation tools for risk and compliance requirements. The company plans to use the funding for research and development, focusing on intelligent automation and artificial intelligence, as well as expanding into new markets.
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Accio Robotics secures raises funding to fuel its warehouse automation offerings
Inc42
·
1y ago
Medial
Bengaluru-based warehouse robotics startup Accio Robotics has raised $1.8 million in a Pre-Series A funding round co-led by BIG Capital, Unisync Angels, and Daniel Fitzgerald. The company offers warehouse automation solutions and has developed a robotics system for order picking in warehouses. Accio plans to use the funding to enhance its technology and product team, expand internationally, and deploy more robots. The startup is set to officially launch and showcase its products globally next month.
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Niqo Robotics Bags $13 Mn To Offer AI-Powered Spraying Services
Inc42
·
1y ago
Medial
Bengaluru-based agritech startup, Niqo Robotics, has closed its Series B funding round at $13 million. The round was conducted in two tranches, with the participation of Bidra Innovation Ventures, Fulcrum Global Capital, and existing investor Omnivore. Niqo Robotics offers agrochemical spraying services using precision spot spray technology, reducing chemical usage by up to 90%. The startup has commercialised over 90,000 acres, resulting in real-time chemical savings of up to 60% and benefitting over 1,800 farmers. Niqo Robotics plans to expand into new markets and accelerate the global adoption of spot spray technology.
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Dermatology startup Cureskin raises $20 million
Economic Times
·
1y ago
Medial
Indian dermatology startup Cureskin has secured $20 million in a Series B funding round led by Healthquad, a digital health-focused venture capital fund. Existing investors JSW Ventures, Khosla Ventures, and Sharrp Ventures also participated in the round. The funds will be used to further expand Cureskin's vision of providing accessible and quality dermatological care in India. Cureskin, which offers AI-driven skin and hair health solutions, has already treated over 1.5 million customers, with a significant portion coming from small towns.
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