VC Fund Investments
Robotics startup Botsync raises $5.2-M in Series A funding
Singapore- and Bengaluru -based autonomous robotics startup Botsync has raised USD 5.2 million in a Series A round of financing led by ?Capital 2B? and ?Betatron Venture Group? along with ?IvyCap Ventures, AppWorks, Iterative, Wong Fong, ZB Capital, Nalin Advani, and Ascend Angels. The startup will utilise the funds to fuel product development, simplify platform onboarding, and enhance customer service capabilities.Botsync, which was founded in 2019 by Rahul Nambiar, Nikhil Venkatesh, Prashant Trivedi, and Singaram Venkatachalam, enables companies to use automated solutions for their manufacturing operations. With the help of system agnostic no-code integration solutions (syncOS) and autonomous mobile robots (MAG Mobile Robots), the company helps businesses to integrate cross-platform operations from different automations systems in a single platform.It caters to several automotive OEMs, FMCG, food and beverage, and pharmaceuticals such as Ford Motors, Caterpillar, Nestle, Coca-Cola, and Kimberly Clark. Botsync currently has significant sales and operations in Singapore, India, Thailand, and Indonesia. And plans to expand within Southeast Asia and India and enter Australia and the Middle East markets.
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