Dr. Apoorva Ranjan Sharma’s Post

General Autonomy, a startup operating in the industrial robotics space, has raised $3 million (Rs 25 crore) in a seed funding round from venture capital firms India Quotient and Elevation Capital.  🌟 Key Highlights: About General Autonomy: Founded by social media unicorn ShareChat’s co-founders Farid Ahsan and Bhanu Pratap Singh, General Autonomy is an industrial robotics firm that builds AI-driven machines to automate labour workflows in factories. As per Ahsan, factories are complex puzzles, and to get safer, more efficient, and standardized production, automation is the key. Visit the link to read the detailed news piece. https://lnkd.in/dgzPECby . . #industrialautomation #indianstartup #sharechat #startupfunding

Perceptyne Secures Pre-Seed Funding Round Led by Venture Catalysts, Perceptyne, a deeptech AI & Robotics startup, emerges from stealth mode. Pioneering India's first Industrial Humanoid Robots for revolutionizing factory floor automation.  #finance #inFocus #innovation #management #technology #informationtechnology #entrepreneurship #startups  SMEStreet Faiz Askari

Venture Catalysts++ | India's 1st Multi-Stage VC, a trailblazing integrated incubator and early-stage investment frontrunner, has led a pre-seed funding round for Perceptyne, an innovative deep-tech AI and robotics startup set to revolutionize industries with its groundbreaking humanoid robots. Teaming up with Venture Catalysts in this funding endeavor were eminent figures from the deeptech hardware startup community, including Tarun Mehta and Swapnil Jain from Ather, alongside Pawan Chandana and Bharat Daka from Skyroot Aerospace. Noteworthy investors also joined in, such as T-Hub, Z21 Ventures, Naveen (founder of My Ally), Satya (founder of Bluecopa), and Aditya Damani (founder of Credit Fair). Perceptyne specializes in crafting AI-driven robots with human-like dexterity for tasks like product assembly, e-commerce packaging, and commercial kitchen operations—areas where conventional robotics often falter. Raviteja Chivukula, Co-Founder and CEO of Perceptyne, expressed gratitude for the overwhelming support, stating, “Our industrial humanoid robots are poised to transform industries longing for such innovation. We are thankful for the backing from industry veterans and our esteemed investors, fueling our dedication to democratize automation. With this investment, we aim to expedite our product development and pilot deployments, particularly in the EMS and automotive sectors.” Perceptyne's humanoid robots boast dual arms with seven degrees of freedom each and five-fingered end effectors, integrating tactile sensing and force feedback—a pioneering leap in robotics. India's automation market is burgeoning, with the global automation sector valued at $18 billion annually and growing at a Compound Annual Growth Rate (CAGR) of 12.3 percent. Additionally, India's manufacturing sector is on the cusp of exponential growth, fueled by strategies like the China+1 initiative and government schemes such as Production-Linked Incentives (PLI). Perceptyne asserts its strategic position to meet the surging demand for automation, both domestically and globally. #perceptyne #venturecatalysts #funding #fundraiser #fundignalert #fundrasieralert #deeptech #AI #artificialintelligence #robotics #startup #startupgrowth #allboutcorps

Foxglove has been recognized as a "Minicorn" in Tracxn's 2023 Emerging Startups awards! 🦄 Based on market analyses of companies across the globe, this award recognizes Foxglove as one of the most promising industrial #robotics #startups of the year. #Robots #OpenSource #Tech #IndustrialRobotics #IndustrialRobots #Tech

#German startup #UnchainedRobotics secures €5.5 million in #funding. The new €5.5 million of capital will continue to fuel their #global #expansion and deepen their services and #partnerships. Future Industry Ventures, Teklas Ventures, vent.io, and existing investors including well-known #businessangels in the industry are backing Unchained Robotics’ mission to unlock the future of #economic #growth and automated #manufacturing. Unchained Robotics aims to use the #investment to expand its sales and services, and to serve the #booming demand for its new MalocherBot into a wider range of #applications. The new #investment round was actively supported by #existinginvestors BORN2GROW, Archimedes New Ventures, and the OWL #technology fund managed by EnjoyVenture. Thomas R. Villinger, Managing Director and founder of Zukunftsfonds Heilbronn & BORN2GROW Unchained Robotics is an independent platform for #automation technology for manufacturing processes in companies. Unchained Robotics Future Industry Ventures TEKLAS Ventures Archimedes New Ventures EnjoyVenture Management GmbH Kevin Freise Mladen Milicevic #unchainedrobotics #funding #startup

Exciting times at SoftBank Ventures Asia, which is now SBVA post-rebranding! 🚀 Alongside a fresh identity, they've closed an impressive $150M fund aimed at fostering innovation in AI, robotics, and computing. SBVA is on a mission to empower startups and revolutionize industries. Discover how they plan to unleash potential and drive growth across the tech landscape! #VentureCapital #Innovation #SBVA #TechStartups #AI #Robotics #RebrandingSuccess 🌐💼🤖

#Deeptech #startups are not just part of the industry; they are redefining its very boundaries. From #AI and #robotics to #biotechnology and advanced materials, these innovators are at the forefront of developing #groundbreakingtechnologies. Their work is transforming traditional sectors, introducing solutions that are more efficient, sustainable, and capable of tackling complex challenges that were once thought insurmountable.  #GravityVC #GravityIncubator #GravityFund #impact #investments #startups #tech #innovation #DeepTechRevolution #InnovationCatalyst #GravityVCFund

Israeli smart label startup Sensos announced that it has raised $20 million in Series A funding. Mitsui & Co., Ltd.-backed Magenta Venture Partners led the round and was joined by JAL Ventures Fund, ICL Israel Cargo Logistics LTD and Sumitomo Corporation. Sensos’ globally connected labels, which are the size of a credit card, report 6-dimensional telemetry shipment data in real-time, without requiring any additional infrastructure. The labels alert on movement, dwell, departure, arrival and do-not-enter zones, allow inventory to check itself in/out without any human interaction and monitor in real-time for temperature, pressure, tilt and shock to meet the most demanding regulations or product requirements. The sensor also detects when a parcel is open and closed, supporting automatic proof of consumption and tamper protection. https://lnkd.in/ehiAhdd8

We understand the challenges of scaling from idea to market dominance. That's why our team is dedicated to providing the capital and resources you need at every stage. Let's connect and supercharge your journey together: bit.ly/rx100 #RoboticInnovation #StartupSupport #ScaleUp

✨ Big news from our portfolio - Exit of #INSPEKTO We are happy to announce that Siemens has acquired our MAHLE New Ventures portfolio startup INSPEKTO. The startup developed a unique, AI-based visual inspection system for a wide range of production applications. It fills the gap in quality assurance and defect detection on the assembly line in today's automated production world. Four MAHLE plants are already successfully using the system in series production and another 12 plants have purchased systems for pilot applications. Over the years, the INSPEKTO team has developed a production-ready system, so it is not surprising that other major customers are now using INSPEKTO systems in their production. The startup is now being sold to Siemens, which is a great #success for the INSPEKTO team! MAHLE was a founding partner and was invested in INSPEKTO for five years together with other investors such as D11Z. Ventures GmbH & Co. KG and Grazia Equity. It was a pleasure to accompany the whole team on their way - thank you for your trust and great partnership. We wish you all the best and further growth for your future as a Siemens company! 🚀🤝 Yonatan Hyatt, Bernd Schumacher Vanessa Pfau Johannes Diem Tom Villinger, Alec Rauschenbusch INSPEKTO More information from INSPEKTO ➡ https://lnkd.in/dutNtEGT #MAHLENewVentures #Weboostfuturebusiness #startup #exit #innovation #INSPEKTO #VentureCapital #Digitalisation #AI #quality