Internet-Powered Innovation: Perceptyne Secures $3 Million in Seed Funding

Monday, 14 October 2024, 00:00

Internet technology is transforming industries, and Perceptyne, a robotics startup, just secured $3 Mn in funding. This investment will enhance product development and market reach, positioning the company as a leader in the robotics space. With its innovative solutions, Perceptyne is set to drive automation in manufacturing.
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Internet-Powered Innovation: Perceptyne Secures $3 Million in Seed Funding

The Rise of Internet-Driven Robotics

Perceptyne, a robotics startup, has just secured $3 million in funding with contributions from Endiya Partners, Yali Capital, and more. This infusion of capital will significantly boost their product development and enhance customer acquisition, vital for growth in the competitive robotics landscape.

Innovation Through Robotics

Founded by Raviteja Chivukula, Jagga Raju N, and Mrutyunjaya Sastry, Perceptyne is pioneering a deeptech robotics platform that aims to develop contextually aware robots at an affordable price. Their signature products, including the dual-arm PR-34D and the single-arm PR-9D, are designed to facilitate quicker implementation of robotic automation in manufacturing sectors.

  • Accelerated Integration: The technology promises to reduce integration time from months to weeks.
  • Automation without Alterations: Enables companies to implement automation seamlessly without needing to change existing assembly lines.

AI Advancements in Robotics

According to Chivukula, the intersection of AI models and robotics is critical in revolutionizing manufacturing. As various sectors—including healthcare and logistics—rush to adopt AI automation systems, demand for reliable partners like Perceptyne is escalating.

  1. Funding Trends: The funding environment is heating up, evidenced by recent rounds for startups like Haber.
  2. Expanding Market: With 400 deeptech startups in India, the landscape is rich with opportunity.

To learn more about this evolving sector and the role of internet technology in startups, be sure to check the source of this article!


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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