EyeROV, a marine robotics business, has raised Rs 13 crore ($1.44 million) in a pre-Series A fundraising round led by AWE Funds and Unicorn India Ventures.
Key Highlights
- Marine robotics startup EyeROV raised ₹13 crore in pre-Series A funding to scale operations.
- Funds will support product development, global expansion, and advanced underwater inspection solutions.
The money raised will be utilized to boost R&D, encourage the creation of new products, and increase its market share in India and other countries.
Established in 2017, EyeROV is a maritime robotics and underwater inspection company that creates unmanned surface boats (USVs) and remotely operated vehicles (ROVs) for defense, energy, and infrastructure applications.
The company says it has completed more than 150 projects for more than 80 clients in the government, power, oil and gas, ports, and shipping industries.
Organizations including Tata Power, NHPC, Adani, ONGC, BPCL, and Maersk, as well as governmental and military entities like the Indian Navy, DRDO, and Indian Coast Guard, are among EyeROV's clientele. Additionally, the Indian Navy recently awarded the startup an order of Rs 47 crore.
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EyeROV incorporates non-destructive testing (NDT) payloads into its robotic systems, including sonar imaging, ultrasonic testing, and AI-based inspection tools. It provides both product sales and robotics-as-a-service (RaaS) models, catering to industries such as electricity, oil and gas, ports, infrastructure, marine research, and defense.