Robotics startup Peer Robotics raised $2.3 million in seed led by Kalaari Capital where existing investors Axilor Ventures, Connecticut Innovations and Innopact VC also participated.
Peer Robotics provides robotic solutions to manufacturers in a variety of industries, including automotive, aerospace, fabrication and machining, and home appliance and tooling. Peer Robotics plans to use the new funds for research and development as well as global expansion in the SME manufacturing industry. Its robots work alongside humans in manufacturing plants, performing repetitive labor-intensive tasks such as assembly kitting and assembly line delivery.
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Robotics startup Peer Robotics raised $2.3 million in seed led by Kalaari Capital where existing investors Axilor Ventures, Connecticut Innovations and Innopact VC also participated.
Peer Robotics provides robotic solutions to manufacturers in a variety of industries, including automotive, aerospace, fabrication and machining, and home appliance and tooling. Peer Robotics plans to use the new funds for research and development as well as global expansion in the SME manufacturing industry. Its robots work alongside humans in manufacturing plants, performing repetitive labor-intensive tasks such as assembly kitting and assembly line delivery.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.
