Coratia Technologies raises ₹18 crore in bridge funding led by MGF Kavachh to support Navy contract execution and R&D expansion.
Amount Raised
₹180 Million
Round Type
Seed
RourkelaRoboticsInvestors
Description
Coratia Technologies, an Indian deep-tech company specializing in underwater robotics, has raised ₹18 crore in bridge funding led by MGF Kavachh. The capital will support execution of the company's ₹66 crore Indian Navy contract under the iDEX initiative, alongside research and development, product development and manufacturing expansion. This follows a ₹17 crore Pre-Series A round in 2025 from MGF Kavachh, Piper and SIDBI. The company develops indigenous underwater robotic systems including its flagship Jalasimha UWROV, which has achieved Technology Readiness Level 9.
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