Tag: robotics startup

Robotics startup Exotec raises $335M in Series D funding at $2B valuation

Exotec, a leader in global warehouse robotics, announced $335M in Series D funding at a $2B valuation. The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital. Exotec will leverage the funds to continue to launch large-scale deployments in North America, Europe, and Asia for global brands. The company also plans to…

Miko secures $28M in Series B led by IIFL AMC

Mumbai-based global robotics startup Miko has said it has raised $28 million in IIFL AMC led Series B funding round. The round saw participation from Aroa Ventures – family office of OYO founder Ritesh Agarwal, Mankind Pharma Family Office, Asian Paints’ Manish Choksi, among other investors. Existing investors including IvyCap Ventures, YourNest Capital, Chiratae Ventures,…

Mumbai-based Miko raises Rs23 cr in pre-Series B funding round led by Stride Ventures

Miko, a Robotics startup founded by IIT Bombay graduates, announced that it has raised Rs 23 crore in pre-series B funding led by Stride Ventures, according to YourStory report. Existing investors YourNest Venture Capital; Chiratae Ventures; Keshav Murugesh, Former Chairman of NASSCOM, and a group of angels participated in the funding round.  Founded in 2015…

Trivandrum-based robotics startup Genrobotics raises Rs 2.5 cr in pre-Series A funding round

Genrobotics, a Trivandrum-based robotics startup, has raised Rs 2.5 crore in a pre-Series A round led by existing investors Unicorn India Ventures. Anand Mahindra along with SEA Fund, as per YourStory report.  Founded in 2015 by Arun George, Nikhil NP, Rashid Bin Abdulla and Vimal Govind MK, GenRobotic Innovations specialized in the design and development…