Peer Robotics
Latest round
- Seed
Last raised
- Sep 2022
Total raised
- $2.4M
Investors
- 4
About Peer Robotics
Peer Robotics develops advanced robotic solutions to enhance human-robot collaboration in manufacturing environments.Founded in 2019 in Gurgaon, India, Peer Robotics specializes in human-robot collaboration solutions. The company was co-founded by Alok Kumar, Rishabh Agarwal, and Tanya Raghuvanshi. Rishabh Agarwal serves as the CEO.Peer Robotics specializes in providing advanced robotic solutions designed to facilitate human-robot collaboration within manufacturing environments. Their core offerings include a range of autonomous mobile robots (AMRs) such as the RM250 and RM500, which are engineered to handle payloads of up to 500 kg and 250 kg, respectively. These robots automate the movement of pallets, trolleys, and bins, streamlining operations from staging to assembly lines without necessitating changes to existing infrastructure. The solutions are tailored for manufacturers in North America, Europe, and various industries, enhancing operational efficiency while simplifying automation methods.5 mn in 2023.8 mn. Peer Robotics generates revenue through direct sales and partnerships that facilitate the adoption of their robotic solutions. Transactions typically occur on a B2B basis, where clients purchase robotic units like the RM series. The pricing structure accommodates diverse manufacturer requirements, allowing for scalable deployments. They aim to expand their market presence across small and medium-scale manufacturers globally. Specific target markets for expansion include regions in North America and Europe, with a strategic focus on launching new products designed to improve operational capabilities. This initiative aligns with their vision for growth and industry impact, leveraging recent investments to enhance their offerings.
Who invested in Peer Robotics
4 investors across 2 rounds
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Questions about Peer Robotics
Who invested in Peer Robotics?
Peer Robotics has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Peer Robotics raised?
Peer Robotics has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Peer Robotics last raise money?
Peer Robotics's most recent round on record is a Seed, in Sep 2022.
What does Peer Robotics do?
Peer Robotics develops advanced robotic solutions to enhance human-robot collaboration in manufacturing environments.
Where is Peer Robotics headquartered?
Peer Robotics is headquartered in Gurgaon, India.
Which VCs invest in companies like Peer Robotics?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back industrial machinery companies at Peer Robotics's stage. Their profiles are linked below.
VCs backing industrial machinery startups at Seed
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