Deeptech startup Anscer Robotics has raised $2 million in a seed funding round led by Info Edge Ventures. The Bengaluru-based company makes smart robots that help move heavy items in warehouses, factories, and logistics centres. Its robots, including pallet movers and lifters, can carry loads up to two tonnes.
The fresh funds will help the company expand into new markets and develop new products. Anscer Robotics has already deployed its robots at 15 enterprise locations across the US, India, Singapore, and Japan. Info Edge Ventures has also recently invested in startups like Shoppin, ZingBus, and Culture Circle.
What is Anscer Robotics?
Anscer Robotics is a deeptech startup based in Bengaluru, India, specializing in autonomous mobile robots (AMRs) for warehouses, factories, and logistics centers. Founded in 2020 by Ribin Mathew, Ebin Sunny, Raghu Venkatesh, and Brijesh CA, the company develops smart robotic solutions that help businesses automate material movement.
Its flagship robots, including pallet movers, tuggers, conveyors, and lifters, can transport loads of up to two tonnes. The company has already deployed its robots at 15 enterprise locations across the US, India, Singapore, and Japan.
Recently, Anscer Robotics raised $2 million in seed funding led by Info Edge Ventures to expand its operations and develop new products.
Why is This Funding Significant?
This funding is significant for Anscer Robotics as it will help the company expand into new markets and develop advanced robotic solutions. With $2 million in investment, Anscer Robotics can scale its operations beyond its current presence in the US, India, Singapore, and Japan.
The funds will also support the development of new autonomous mobile robots (AMRs) to meet the growing demand for automation in warehouses, factories, and logistics centers. Being backed by Info Edge Ventures enhances the startup’s credibility, making it more attractive to future investors.
Additionally, this investment highlights the growing importance of deeptech startups in India, reinforcing the country’s position in the global robotics and automation industry.
How Will the Funds Be Used?
Anscer Robotics plans to use the $2 million funding to expand into new markets and develop advanced robotic solutions. The company aims to strengthen its presence in industries that rely on automation, such as warehousing, manufacturing, and logistics.
A significant portion of the funds will go toward research and development to enhance its existing autonomous mobile robots (AMRs) and introduce new product lines. Additionally, the investment will help Anscer Robotics scale its operations, improve technology, and attract more enterprise customers.
By leveraging this funding, the company aims to accelerate growth and establish itself as a leader in the global robotics industry.
Founders’ Perspective
The founders of Anscer Robotics see this funding as a major milestone in their journey to revolutionize industrial automation. Ribin Mathew, CEO and Co-founder, expressed his excitement about the investment, stating, “This investment from Info Edge Ventures is a significant milestone for Anscer Robotics. It not only provides us with the capital to accelerate our product development and market expansion but also brings on board a partner with deep industry knowledge and a vast network.”
Similarly, Ebin Sunny, Co-founder, highlighted the company’s mission, saying, “Our goal is to make advanced robotics accessible to businesses of all sizes. With this funding, we can enhance our technology and bring intelligent automation solutions to more industries.”
The founders believe that the fresh capital will help them scale operations, innovate new robotic solutions, and strengthen their presence in global markets.
Key Takeaways
- Investment and Investor – Anscer Robotics secured $2 million in seed funding, led by Info Edge Ventures.
- Use of Funds – The funding will help the company expand into new markets, develop new product lines, and enhance its autonomous mobile robots (AMRs).
- Industry Impact – The startup focuses on automation solutions for warehouses, factories, and logistics centers, addressing the growing demand for intelligent robotics.
- Market Presence – Anscer Robotics has already deployed its robots at 15 enterprise locations across the US, India, Singapore, and Japan.
- Founder’s Vision – Co-founder Ribin Mathew emphasized that the funding will accelerate product development and market expansion, while Ebin Sunny highlighted the company’s goal to make advanced robotics accessible to all businesses.
Conclusion
Anscer Robotics’ $2 million seed funding marks a significant step in its growth journey, enabling expansion into new markets and the development of advanced robotic solutions. With a strong focus on automation, the company aims to revolutionize material handling in warehouses, factories, and logistics hubs.
Backed by Info Edge Ventures, Anscer Robotics is well-positioned to scale its operations, enhance its technology, and attract more enterprise clients. As the demand for intelligent automation rises, the company’s future plans include expanding its product range and strengthening its presence in global markets, reinforcing its vision of becoming a leader in industrial robotics.
Scaling new heights—Anscer Robotics is transforming robotics!
