Bengaluru-based warehouse robotics startup Accio Robotics has raised $1.8 million in its pre-Series A round led by BIG Capital, Unisync Angels, Daniel Fitzgerald along with existing backers such as Roots Ventures, and Anuj Bihani.
Accio Robotics had previously raised investment from 100X.VC, CIO Angel Network and a clutch of angel investors led by renowned angel investors Ajay Sarupria and Uday Sodhi.
According to Accio, the funds will be used towards reinforcing the technology and product team, establishing channels for international growth and to enable more robot deployments.
Founded by Pranav Srinivasan and Tuhin Sharma, Accio Robotics offers warehouse automation solutions and claims to have developed a robotics system that is set to transform how businesses manage order picking in their warehouses. The robotic solutions not only help drive order fulfilment productivity, but also help in hyper optimisation of space utilization.
The Bengaluru based startup plans to officially launch and showcase their product globally in February 2024 and will be targeting a global market presence beyond that.