In a significant stride towards reshaping the landscape of warehouse automation, Bengaluru-based startup Accio Robotics has successfully raised $1.8 million (approximately INR 15 crore) in a Pre-Series A funding round. The financing was spearheaded by BIG Capital, Unisync Angels, and Daniel Fitzgerald, with continued support from existing investors Roots Ventures and Anuj Bihani, the founder of Impaqt Robotics, as reported by Inc42.
Accio Robotics, emerging as a beacon of innovation in warehouse automated machinery, was founded during the pandemic and is strategically positioned with a product line tailored for a post-pandemic world. The recent injection of funds is poised to catalyze the company’s ambitious plans for expansion, both in terms of product offerings and global reach.
This funding milestone represents a vote of confidence in Accio Robotics’ vision and capabilities, primarily as the startup aims to address the evolving needs of businesses in the wake of unprecedented disruptions. The company has carved a niche for itself with a focus on modern software and hardware solutions for automation, standing as a testament to its commitment to ushering in a new era of efficiency and innovation in the robotics sector.
Accio Robotics envisions utilizing the newly acquired funds to bolster its product lineup, augment its workforce, invest in cutting-edge technology, establish global expansion channels, and deploy an army of advanced robots. The startup’s mission goes beyond mere automation; it aspires to democratize access to robotics solutions, enabling a diverse range of enterprises to leverage the benefits of state-of-the-art automation.
Having previously secured $430,000 in funding from angel investors, CIO Angel Network, and 100X.VC, Accio Robotics, has demonstrated its ability to attract strategic investments and build a solid foundation for growth. The continued support from existing investors underscores their confidence in the startup’s trajectory and potential to redefine the future of warehouse automation.
As Accio Robotics embarks on this exciting phase of expansion, it symbolizes a financial milestone and a commitment to revolutionizing how industries approach automation. The infusion of capital catalyzes Accio Robotics to propel itself into new markets, empower businesses with cutting-edge solutions, and pave the way for a future where warehouse operations are both efficient and genuinely transformative.
