Angel Investments
Robotics automation startup Accio raises funding
Bengaluru-based Accio Robotics, an automation startup focused on designing and manufacturing autonomous mobile robots, has raised a fresh round of funding from a group of angel investors. The funding round was led by Uday Sodhi, co-founder of Founder's Room Capital, along with other investors such as Jignesh Kenia, Utpal Doshi, Girish Jain, and Pankaj Bhargava. Accio will use the funds to expand to a wider market. . Launched in 2020, Accio Robotics is a portfolio company of 100X.VC, an early-stage VC. It claims that its autonomous mobile robots cut lead times and reduce error. Its mobile robots are used in warehousing, manufacturing, pharma, packaging, FMCG and ecommerce verticals and are designed to operate and function in a conventional Indian shop.
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