Armatrix, a deep tech robotics startup, has secured $2.1 million in a pre-seed funding round led by pi Ventures, along with Inuka Capital, Boundless Ventures, Boost VC, Turbostart, and gradCapital joining in. The funding will support the development of Armatrix’s proprietary snake-like flexible robotic arm technology, enhance the engineering and R&D team, and expedite pilot deployments with industrial clients.
Founded in 2024 by Vishrant Dave, Prateesh Awasthi, and Ayush Ranjan, Armatrix specializes in creating snake-like, hyper-redundant robotic manipulators tailored for hazardous and confined industrial settings. The company aims to automate tasks in sectors like shipbuilding, nuclear, oil and gas, and aviation, reducing risks associated with human involvement in dangerous environments.
Market analysis indicates that the global robotics maintenance market was valued at $41.66 billion in 2023, with projections to reach $150 billion by 2032. Armatrix’s core technology focuses on reachability and actuation systems, offering a highly flexible robotic arm for seamless navigation, modular end effectors, and an AI-based navigation system for real-time adaptability.
Armatrix plans to transition from proof of concept to practical applications, validating its platform in real-world scenarios and establishing itself as a globally competitive deep tech robotics firm. The company’s goal is to craft AI-native, high-performance robotic systems that redefine safety, precision, and efficiency in mission-critical industrial operations.
Source: Entrackr : Latest Posts