# SESTO Robotics Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sesto-robotics-pte

- Industry: Electronics
- Headquarters: Singapore, Singapore
- Website: www.sestorobotics.com
- Total disclosed funding: $9M
- Latest round: Series A (Jan 14, 2022)
- Investors on record: 6

## About

SESTO Robotics Pte. Ltd. develops innovative Autonomous Mobile Robots (AMRs) that enhance material handling and delivery efficiency across multiple sectors such as healthcare and logistics.Founded in Singapore in 2017, SESTO Robotics specializes in designing Autonomous Mobile Robots (AMRs) to optimize operational processes. The company has successfully completed 2 deals, with its most recent funding round occurring on January 14, 2022, when it raised USD 4.62 mn during a Series A funding round. Notable investors include SEEDS Capital, TRIVE, and World Trading Innovation WTI GmbH. The CEO, Chor-Chen Ang, leads the company, leveraging his experience in robotics to shape its strategies.SESTO Robotics specializes in providing advanced Autonomous Mobile Robots (AMRs) designed to optimize material handling and delivery processes across various industries, including healthcare, semiconductor manufacturing, and logistics. Their flagship products are equipped with customizable modules that can handle diverse payloads, allowing them to perform tasks such as picking, transferring, tracking, inspecting, and delivering goods efficiently. The company’s intuitive Mission Builder application facilitates seamless integration of these robots into existing workflows, catering to both experienced users and those new to robotics. SESTO's AMRs are primarily utilized in manufacturing plants and healthcare facilities, with customers spanning eight countries, enhancing operational efficiency and productivity.In 2022, SESTO Robotics reported a revenue of USD 1,500,355.30. The company also faced an EBITDA loss of USD 2,414,182.30 for the same year. SESTO generates revenue through direct B2B transactions by providing its AMRs and associated services to businesses in various sectors. Their transaction structure often involves long-term partnerships and agreements, where clients may engage in purchase arrangements that include maintenance and support services. Revenue is realized from the sale of AMRs tailored to specific operational needs, as well as through potential subscription models for ongoing software updates and Mission Builder access.Following its Series A funding round in January 2022, SESTO Robotics plans to utilize the raised USD 4.62 mn to enhance its digital marketing efforts, bolster support for overseas partners, and strategically expand into the European market. The company is also focused on developing new products to meet evolving market demands, although specific product launches and timelines have not been disclosed.

## Funding rounds

- Series A, Jan 14, 2022, $4.6M — TRIVE, SEEDS Capital, World Trading Innovation WTI GmbH
- Series A, Feb 19, 2020, $4.4M — Enterprise Singapore, Singtel Innov8, Heliconia Capital Management, TRIVE

## Investors

- Enterprise Singapore — Series A
- Singtel Innov8 (https://capitalatlas.ai/funds/singtel-innov8) — Series A
- Heliconia Capital Management (https://capitalatlas.ai/funds/heliconia-capital-management) — Series A
- TRIVE (https://capitalatlas.ai/funds/trive) — Series A
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Series A
- World Trading Innovation WTI GmbH — Series A