We Founder Circle leads an undisclosed Pre-Seed funding round for Uma Robotics

• ByStartupStory     |    September 27, 2022

On Tuesday, We Founder Circle reported that Uma Robotics has received an undisclosed sum in a pre-seed round. Funds will be used to expand the engineering staff, develop the business, construct infrastructure, and purchase gear and software for R&D.

“In the era of Industry 4.0, automation and efficient logistics are critical factors for the growth of any industry. Large companies are gradually adopting automation, but it is far beyond the reach of mid-sized and smaller businesses, as well as other industries such as mining, construction, and agriculture,” said Bhawna Bhatnagar, co-founder, We Founder Circle.

“As there are no relevant solutions for outdoors and multiple terrains at affordable prices, our vision is to completely revolutionize the Indian industry through automation to maintain a quality that is competitive with the global market. Our solutions have already been very well received by our clients and within the first year of our incorporation, we have delivered our robot to a Fortune 500 company,” said Suchit Sharma, founder and CEO, Uma Robotics.

Uma Robotics, founded by Suchit Sharma, who has more than ten years of experience in the robotics industry, offers sustainable logistics, automation, and IoT solutions to help industrial and warehouse sectors reduce costs by enabling robotic-led heavy box and tote handling activities. One of the six startups that WFC has financed from its first cohort of the EvolveX, Global Accelerator programme is Uma Robotics. The STPI Chunauti 2.0 competition was recently won by Uma Robotics, who also received an INR 25 lakh investment from Pontaq Ventures. In May 2022, IIT Roorkee awarded the company with a Nidhi Pravas grant for INR 10 lakh.

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