Archive · 19 Aug 2025
Armatrix to Raise INR 18 Cr for Robotic Arm Development
Imagine a company called Armatrix that makes robot arms.
These aren't just any robots; they're designed to work in dangerous places, like where it's hot, or dirty, or risky for people.
They're raising money to build more robots and get them ready to use.
Investors are giving Armatrix money to help them.
The robots will help companies check and fix things in industries such as planes, oil rigs, and ships.
It's like giving these industries robot helpers to keep workers safe and make things easier.
Armatrix, a deeptech startup, is raising INR 18.43 Cr in a seed round.
The funding round is led by pi Ventures and includes Boost VC, Turbostart, and others.
Armatrix, founded in 2023 by IIT alumni, builds robotic arms for hazardous environments.
The capital will be used for product development and pilot launch preparation.
Armatrix aims to provide robotic solutions for inspection and maintenance in industries like aviation.
- Who
- Armatrix, a deeptech startup founded by IIT alumni, is raising funds.
- What
- Armatrix is raising INR 18.43 Cr in a seed round.
- When
- The funding is happening now, with the seed round underway.
- Where
- Armatrix is based in India.
- Why
- To fund product development and prepare for the pilot launch.
- Startup Name
- Armatrix
- Funding Amount
- INR 18.43 Cr
- Lead Investor
- pi Ventures
- Founded
- 2023
- Founders
- Vishrant Dave, Ayush Ranjan, Prateesh Awasthi
- Industry
- Robotics (inspection/maintenance)
- Use of Funds
- Product development and pilot launch