# iSpAgro Robotics Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ispagro-robotics-pvt

- Industry: Industrial Machinery
- Headquarters: Bangalore, India
- Website: www.ispagro.in
- Total disclosed funding: $0.1M
- Latest round: Seed (Aug 6, 2019)
- Investors on record: 1

## About

iSpAgro Robotics Pvt. Ltd. is a technology firm focused on developing innovative robotic solutions for the agriculture sector, enhancing efficiency and productivity in farming practices.iSpAgro Robotics Pvt. Ltd., founded in 2016 and headquartered in Bangalore, India, specializes in agricultural robotics. The firm was established by Athishay Jain and Chethana. It has completed a total of 3 deals, with its most recent deal occurring on August 6, 2019, when it raised INR 4.8 million in Seed funding from Brinc, bringing the total amount raised to INR 4.8 million and its current valuation to INR 82.955 million.The company specializes in providing innovative technology solutions to address challenges in the agriculture sector. Their core offerings include a range of robotic systems designed to automate various farming tasks, improving operational efficiency and data management. Their solutions cater to both large agricultural enterprises and small to medium-sized farms, with deployments primarily in India and expanding outreach to international markets.In 2023, iSpAgro Robotics Pvt. Ltd. reported a revenue of INR 10,840.1 million, while its EBITDA for the same year was INR -1,358.8 million.Looking ahead, iSpAgro Robotics Pvt. Ltd. plans to expand its product line with new robotic systems aimed at precision agriculture, set for launch in late 2024. The company is also targeting international expansion into markets in North America and Europe by the end of 2025. The funding raised in August 2019 will be utilized to fuel product development and market entry strategies.

## Funding rounds

- Seed, Aug 6, 2019, $0.1M — Brinc

## Investors

- Brinc (https://capitalatlas.ai/funds/brinc) — Seed