Robotics Startup Perceptyne Bags $3 Mn From Endiya Partners, Yali Capital & Others
Robotics startup Perceptyne has secured $3 Mn (around INR 25 Cr) in a seed funding round co-led by Endiya Partners and Yali Capital, along with participation from Whiteboard Capital and a clutch of angel investors 👇
The company plans to use the fresh capital to boost product development, customer acquisition and drive growth.
Founded by Raviteja Chivukula, Jagga Raju N. and Mrutyunjaya Sastry, Perceptyne is a deeptech robotics platform developing dexterous, affordable and contextually aware robots. Its flagship products include dual-arm and single-arm robots named PR-34D and PR-9D.
It claims to enable manufacturing companies to accelerate robotic automation by dramatically reducing integration time (quarters to weeks) and implementing automation without changes to their assembly lines.
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Credit - Inc42 Media