Robotics startup Perceptyne has secured $3 million in seed funding. Endiya Partners and Yali Capital co-led the round, with additional support from Whiteboard Capital and other angel investors. The company plans to use the funds to speed up product development, attract new customers, and drive growth.
In March, Perceptyne, based in Hyderabad, had a valuation of $3.73 million. This came after a previous pre-seed funding round of $550,000, led by Venture Catalysts, according to Tracxn.
Raviteja Chivukula, Jagga Raju Nadimpalli, and Mrutyunjaya Nadiminti together founded Perceptyne. The company is building an AI-powered robotics platform designed for tasks like product assembly and packaging requiring human-like precision. Their flagship products, PR-34D and PR-9D, are dual-arm and single-arm robots equipped with integrated computer vision, AI, multi-modal sensing, and flexible end-effectors, making them ideal for manufacturing and assembly line work.
Perceptyne operates on a business-to-business model. It offers a capex option for customers to buy the robots and an opex model where Perceptyne installs the robots and earns revenue based on usage. The company is currently collaborating with major players in the automotive and electronics industries.
“We are seeing strong growth for robotics, both domestically and globally. In India, because of initiatives like Make in India, a lot of companies want to build here and our domestic consumption for a lot of high-tech electronic products is growing. Also, the availability of skilled labour is also not keeping pace, because of a lot of alternative career options. This is where AI-driven robotics companies like us will play a key role,” Chivukula, CEO and co-founder of Perceptyne, said.
He mentioned that the global industrial robotics market is expected to grow to $41 billion annually by 2030, with a 12.3% compound annual growth rate (CAGR).
This funding arrives as demand for AI and robotics in manufacturing, logistics, and healthcare increases. Last week, Pune-based robotics startup Haber secured Rs 317.2 crore in funding, led by private equity firm Creaegis, with support from Accel India and BeeNext Capital.
“The time has come for an AI-first robotics company which is building for manufacturing automation. Perceptyne is addressing the critical need for a drop-in, generic automation solution that learns through AI-led tele-operation,” said Raghav Gupta, vice president, Endiya Partners.
Perceptyne faces competition from companies like Tokyo-based Telexistence and California-based Figure.
