Accio Robotics, an Indian warehouse robotics startup, has successfully secured $1.8 million in its pre-Series A funding round. The funding was led by BIG Capital, Unisync Angels, and Daniel Fitzgerald, with participation from existing backers including Roots Ventures and Anuj Bihani.
Previously, Accio Robotics had garnered investments from 100X.VC, CIO Angel Network, and a group of angel investors led by renowned figures Ajay Sarupria and Uday Sodhi.
The newly acquired funds are earmarked for strengthening the technology and product team, establishing international growth channels, and facilitating additional robot deployments. According to Accio, the company aims to revolutionize warehouse order picking management with its developed robotics system, enhancing order fulfillment productivity and optimizing space utilization.
Co-founded by Pranav Srinivasan and Tuhin Sharma, Accio Robotics is scheduled to globally launch and showcase its product in February 2024, with plans for an expanded global market presence thereafter.
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By Ravi Kumar