Fundz

Deeptech Iot Startup Datoms Secures $1.2 Million In Funding Led By Yournest Vc

PRIVATEOct 26, 2023

Amount Raised

$1.2 Million

Round Type

Seed

BengaluruInformation TechnologySoftware

Description

Deeptech IoT (Internet of Things) startup Datoms said on Thursday it has raised $1.2 million in a funding round led by Yournest Venture Capital.Datoms plans to use the funding to strengthen its product offerings to build various use cases in the construction warehousing industry. It will also focus on enhancing in-house AI/ML capabilities and market expansion across India and the Middle East.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of BusinessISB Product ManagementVisitThe deeptech firm for original equipment manufacturer (OEMs) enables human-capital heavy sectors such as construction, warehousing, agriculture, mining, and ports, to achieve efficiency and automate various processes around asset maintenance and activity planning. “Growing at a 15% rate month on month, Datoms is building the future of connected operations from India for the world. The funding will strengthen our product offering and provide an opportunity for enterprises and equipment manufacturers in the distributed asset industry to ride the digitisation wave,” Datoms’ cofounder and CEO Amiya Samantaray said.Launched in 2021, Datoms is a brand owned and operated by Phoenix Robotix and co-founded by Samantaray, Nataraj Sahoo, Amrit Biswal, and Asish Sahoo.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -0:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions and subtitles off, selectedAudio TrackPicture-in-PictureFullscreenThis is a modal window.No compatible source was found for this media.Beginning of dialog window

Quick answer

Datoms raised $1.2 Million in a Seed round, dated October 26, 2023. Datoms is based in Bengaluru, Karnataka, India.

How much did Datoms raise?
Datoms raised $1.2 Million in a Seed round on October 26, 2023.
What does Datoms do?
DATOMS is an IoT software platform that utilizes machine learning, artificial intelligence, and the internet of things to streamline asset management and operations for equipment manufacturers, leasing and rental..
Where is Datoms based and how big is it?
Datoms is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Datoms?
Fundz holds 1 contact at Datoms. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Datoms that raised within 45 days of this round, from Fundz verified event records.

  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • Weave raised $11M on December 8, 2023.
  • Valley raised an undisclosed amount (Funding Round) on December 8, 2023.
  • Emergegen AI US raised $200K (Pre-Seed) on December 8, 2023.
  • Cognovi Labs raised $6.7M (Seed) on December 8, 2023.
  • Ambience Healthcare raised $55M on December 8, 2023.

Who to call at Datoms, and when

A new round usually means Datoms is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Datoms

Location

Bengaluru, Karnataka, India

About

DATOMS is an IoT software platform that utilizes machine learning, artificial intelligence, and the internet of things to streamline asset management and operations for equipment manufacturers, leasing and rental companies, and enterprises.

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Datoms raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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