# SP Robotic Works Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sp-robotic-works-private

- Industry: Education/Training
- Headquarters: Chennai, India
- Website: www.sproboticworks.com
- Total disclosed funding: $3.3M
- Latest round: Series A (Jul 30, 2021)
- Investors on record: 9

## About

SP Robotic Works Private Limited is a robotics company focused on creating innovative automation solutions for diverse industries, enhancing operational efficiency through advanced robotic systems and smart technologies.Founded in 2012 in Chennai, India, SP Robotic Works specializes in developing robotic solutions for various sectors. The founders include Pranavan S and Sneha Priya, with Sneha Priya serving as the CEO. The company secured USD 3.00 mn in Series A funding on July 30, 2021, led by Mount Judi Ventures, with participation from Indian Angel Network, Malabar Angels, and other investors. SP Robotic Works has completed a total of 2 deals.SP Robotic Works focuses on advanced robotics solutions that enhance automation processes in industries such as manufacturing, logistics, and assembly. Their core offerings include robotic systems designed for precision tasks, utilizing technologies like artificial intelligence and machine learning. These products aim to improve efficiency, reduce costs, and enhance product quality, with a customer base spanning small enterprises to multinational corporations, primarily marketed in North America and Europe.In 2022, SP Robotic Works reported revenue of USD 249,210 with an EBITDA of -USD 2,935,399. The company generates revenue through direct sales of robotic systems, maintenance, and support services, fostering long-term client relationships and potentially offering subscription plans for software updates.The company plans to utilize its recent Series A funding of USD 3.00 mn to expand its user base and enhance its product portfolio. SP Robotic Works aims to launch new products targeting specific operational challenges in the next year while exploring opportunities in untapped markets across Asia and Europe by 2023.

## Funding rounds

- Series A, Jul 30, 2021, $3M — Indian Angel Network, Nativelead Foundation, Mount Judi Ventures, Malabar Angels
- Angel, Mar 7, 2016, $0.3M — Indian Angel Network, Kalpathi Investments, The Chennai Angels, Manipal Media Networks, Krane Funds Advisors, Advik Ventures PTE LTD

## Investors

- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Angel, Series A
- Kalpathi Investments — Angel
- The Chennai Angels (https://capitalatlas.ai/funds/the-chennai-angels) — Angel
- Manipal Media Networks — Angel
- Krane Funds Advisors — Angel
- Advik Ventures PTE LTD — Angel
- Nativelead Foundation — Series A
- Mount Judi Ventures (https://capitalatlas.ai/funds/mount-judi-ventures) — Series A
- Malabar Angels — Series A