VC Fund Investments

Agri-robotics startup XMachines attracts seed funding from Dare Ventures

Business Line  

Hyderabad-based XMachines , an agricultural robotics startup, has attracted seed funding from Dare Ventures, the venture capital arm of Coromandel International. XMachines builds compact autonomous robots that are capable of taking up agricultural tasks such as seeding, weeding, spraying, and planting. The startup, which belongs to the 2021 cohort of DL Labs at the Indian School of Business (ISB), earlier got funding from the NIDHI - SSS (National Initiative for Developing and Harnessing Innovations - Seed Support System).

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