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CynLr raised $10 Mn in a Series A funding round led by Pavestone and Athera Venture Partners to strengthen its CyRo robotics platform and double its workforce.

Nov 05, 2024about 1 year ago

Amount Raised

$10

Round Type

series a

BengaluruScience And Engineering

Investors

Info Edge’s RedstartSpeciale InvestAthera Venture PartnersPavestone

Description

Bengaluru-based robotics startup CynLr has raised $10 Mn in a Series A funding round. The company plans to enhance its core robotics platform and expand its workforce while focusing on research and development.

Company Information

Company

CynLr

Location

Bengaluru, Karnataka, India

About

CynLr is a visual object intelligence platform that enables industrial robotic arms to see, understand and manipulate any object in random unstructured environments.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech