In a pre-seed investment round headed by pi Ventures, deep tech robotics startup Armatrix secured $2.1 million. Inuka Capital, Boundless Ventures, Boost VC, Turbostart, and returning investor gradCapital also participated.
Key Highlights
- Armatrix raises $2.1 million in a funding round led by pi Ventures to scale robotics innovation.
- Funds will drive product development, team expansion, and accelerated market entry across industrial automation sectors.
According to a press release from the company, the funding will be utilized to grow the engineering and R&D team, expedite pilot deployments with industrial customers, and finish developing its proprietary snake-like flexible robotic arm technology.
Armatrix, which was co-founded in 2024 by Vishrant Dave, Prateesh Awasthi, and Ayush Ranjan, creates hyper redundant, snake-like robotic manipulators that are intended to work in restricted and dangerous industrial settings.
In industries like shipbuilding, nuclear, oil and gas, and aviation, where fatal injuries from confined space labor have been documented, the Bengaluru-based startup seeks to automate processes in dangerous and tight conditions. Human entrance into hazardous areas is frequently necessary for the inspection and repair of vital infrastructure, including hulls, reactors, and storage and fuel tanks.
The global robotics maintenance market is expected to grow from its 2023 valuation of $41.66 billion to $150 billion by 2032, according to market research.
Reachability and actuation systems are the main areas of focus for Armatrix core technology. Its robotic arm has modular end effectors, an AI-based navigation system that allows for real-time customization, and great flexibility for smooth navigation.
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The goal is to transform industrial inspection and maintenance by transitioning from a reactive, expensive maintenance model to a proactive, zero downtime standard. According to Vishrant Dave, co-founder and CEO of Armatrix Automations, the funding allows them to validate the platform across real-world inspection and operational use cases and move from proof of concept to early adopters.
In the future, Armatrix hopes to become a globally competitive deep tech robotics firm by developing high-performance, AI-native robotic systems that raise the bar for efficiency, safety, and accuracy in mission-critical industrial activities.